$龙虾 JUST HIT A LEVEL WHERE THE PARTY CAN TURN UGLY
$龙虾 has pushed hard into the $0.2086 to $0.2205 zone, and this is exactly where I’m watching for a rejection.
SHORT SETUP
Entry: $0.208645
Target: $0.177515
Stop Loss: $0.220484
The 1H chart is heavily extended after a massive run, and price is now sitting close to the recent high area. If buyers fail to break and hold above $0.2205, this could turn into a sharp pullback.
The main downside level I’m watching is $0.2000 first. If that support gives way, the move toward $0.1775 becomes much more interesting.
This is not about calling the top. It’s about watching how price reacts at resistance. If $龙虾 gets rejected here, sellers finally have a level to work with.
@EyeOnChain #龙虾 #
$龙虾 has pushed hard into the $0.2086 to $0.2205 zone, and this is exactly where I’m watching for a rejection.
SHORT SETUP
Entry: $0.208645
Target: $0.177515
Stop Loss: $0.220484
The 1H chart is heavily extended after a massive run, and price is now sitting close to the recent high area. If buyers fail to break and hold above $0.2205, this could turn into a sharp pullback.
The main downside level I’m watching is $0.2000 first. If that support gives way, the move toward $0.1775 becomes much more interesting.
This is not about calling the top. It’s about watching how price reacts at resistance. If $龙虾 gets rejected here, sellers finally have a level to work with.
@EyeOnChain #龙虾 #
