😘 The data screams SHORT 📉 🚀
$CYBER and $BIRB are ripping over 30 percent on Bybit today. Chasing them right now makes you exit liquidity.
Look at CYBER at 0.34. The one hour chart just printed a massive rejection wick near 0.39. RSI is completely overheated. Plus a huge 1.76 million token unlock hits mid November which brings heavy sell pressure. Wait for a breakdown below 0.35 to target 0.29. Keep your stop above 0.39.
Now look at BIRB at 0.10. This is a pure mechanical short squeeze. There is no new utility driving this just negative funding rates and a thin order book pushing it up. It is slamming into hard resistance. Watch for a rejection at 0.10 to 0.11 to target 0.09. Keep your stop above the current wick.
The risk reward is perfectly flipped for a short.
Are you taking the trade or watching the squeeze?
$UAI
$CYBER and $BIRB are ripping over 30 percent on Bybit today. Chasing them right now makes you exit liquidity.
Look at CYBER at 0.34. The one hour chart just printed a massive rejection wick near 0.39. RSI is completely overheated. Plus a huge 1.76 million token unlock hits mid November which brings heavy sell pressure. Wait for a breakdown below 0.35 to target 0.29. Keep your stop above 0.39.
Now look at BIRB at 0.10. This is a pure mechanical short squeeze. There is no new utility driving this just negative funding rates and a thin order book pushing it up. It is slamming into hard resistance. Watch for a rejection at 0.10 to 0.11 to target 0.09. Keep your stop above the current wick.
The risk reward is perfectly flipped for a short.
Are you taking the trade or watching the squeeze?
$UAI
