🚨 100%+ Rally — Is the Move Running Into Resistance?
After moving from a long-forgotten accumulation zone, this asset has delivered a 100%+ vertical rally and is now approaching a key area where the move could face serious resistance.
📈 Current Price: ~$0.3515
🔺 Recent High: $0.3672
⚠️ Major Supply Zone: $0.3800–$0.4000
On the 15M chart, momentum appears to be cooling. Repeated upper wicks are showing near the highs, while a potential double-top formation is developing.
That’s why I’m not chasing the green candles here.
🎯 Trade Setup
I’m watching $0.3520–$0.3720 for a potential short setup — but only if clear rejection appears.
A 15M breakdown below $0.3480 could provide stronger confirmation that sellers are gaining control.
Targets:
🎯 TP1: $0.3337
🎯 TP2: $0.2921
❌ Invalidation: $0.4200
After such an aggressive move, the best opportunity isn't always catching the next green candle.
Sometimes, patience and confirmation are the trade.
⚠️ Educational analysis only. Not financial advice. Crypto markets are highly volatile.
#Crypto #BinanceSquare #Trading #Altcoins #CryptoTrading #TechnicalAnalysis #PriceAction #FuturesTrading #Bitcoin #MarketAnalysis #TradingSetup $LSK #SECReceivesGrayscaleLitecoinTrustETFFiling #ClarityActFacesProceduralVoteSept15 #US10YearTreasuryYieldNears5% #TokenizedStockHoldersUp619.1% $AAPL.US $HPQ.US
After moving from a long-forgotten accumulation zone, this asset has delivered a 100%+ vertical rally and is now approaching a key area where the move could face serious resistance.
📈 Current Price: ~$0.3515
🔺 Recent High: $0.3672
⚠️ Major Supply Zone: $0.3800–$0.4000
On the 15M chart, momentum appears to be cooling. Repeated upper wicks are showing near the highs, while a potential double-top formation is developing.
That’s why I’m not chasing the green candles here.
🎯 Trade Setup
I’m watching $0.3520–$0.3720 for a potential short setup — but only if clear rejection appears.
A 15M breakdown below $0.3480 could provide stronger confirmation that sellers are gaining control.
Targets:
🎯 TP1: $0.3337
🎯 TP2: $0.2921
❌ Invalidation: $0.4200
After such an aggressive move, the best opportunity isn't always catching the next green candle.
Sometimes, patience and confirmation are the trade.
⚠️ Educational analysis only. Not financial advice. Crypto markets are highly volatile.
#Crypto #BinanceSquare #Trading #Altcoins #CryptoTrading #TechnicalAnalysis #PriceAction #FuturesTrading #Bitcoin #MarketAnalysis #TradingSetup $LSK #SECReceivesGrayscaleLitecoinTrustETFFiling #ClarityActFacesProceduralVoteSept15 #US10YearTreasuryYieldNears5% #TokenizedStockHoldersUp619.1% $AAPL.US $HPQ.US
