$Q Now $0.1199 - this is the decision zone after that $0.135039 rejection.
Update:
15M: Price just reclaimed MA7 $0.11623 after dropping to $0.1146. But 5M MA7 $0.11992 is now resistance - you are sitting right on it.
Volume dying: 15M vol 28.8M now vs 274M at the top, 5M vol 30.7M with MA5 64M / MA10 84.7M falling. Pump volume gone.
Still 2 lower highs: $0.135039 -> $0.1266 -> now $0.1227 area failing.
For the short from $0.1175-0.1185:
You are -1% here. Still valid. Don't panic. SL stays $0.1355. If 15M closes above $0.12274, close the scalp.
If not in yet: Don't short $0.119 here. Wait.
Short trigger 1: Break & close below $0.11623 [15M MA7] -> Target $0.1099 / $0.0889
Short trigger 2: Rejection at $0.1227 - $0.1240 with red 5M candle -> better entry.
Holding long here above $0.12 is high risk. This is distribution, not accumulation.
$Q
NFA. #q #QUSDT
Update:
15M: Price just reclaimed MA7 $0.11623 after dropping to $0.1146. But 5M MA7 $0.11992 is now resistance - you are sitting right on it.
Volume dying: 15M vol 28.8M now vs 274M at the top, 5M vol 30.7M with MA5 64M / MA10 84.7M falling. Pump volume gone.
Still 2 lower highs: $0.135039 -> $0.1266 -> now $0.1227 area failing.
For the short from $0.1175-0.1185:
You are -1% here. Still valid. Don't panic. SL stays $0.1355. If 15M closes above $0.12274, close the scalp.
If not in yet: Don't short $0.119 here. Wait.
Short trigger 1: Break & close below $0.11623 [15M MA7] -> Target $0.1099 / $0.0889
Short trigger 2: Rejection at $0.1227 - $0.1240 with red 5M candle -> better entry.
Holding long here above $0.12 is high risk. This is distribution, not accumulation.
$Q
NFA. #q #QUSDT