🚨 $PTB Strategy: The Exhaustion Snipe
The parabolic move has hit a brick wall at the 0.00143 psychological resistance. We are looking for a precision "Short" entry as the vertical momentum exhausts and price seeks a re-test of the breakout origin.
Entry Zone: 0.0012800 - 0.0013500 (Snipe on the rejection)
TP1: 0.0011114 (MA7 Support Retest)
TP2: 0.0009905 (MA25 Liquidity Pool)
TP3: 0.0008816 (24h Low / Full Mean Reversion)
Stop Loss: 0.014800 (Above the current expansion high)
Trade Logic:
Price is in extreme overextension. Notice the massive volume spike accompanying the wick to 0.001433—this is classic "exhaustion volume." As the buying pressure from retail "breakout" traders fades, the price is statistically likely to snap back to the MA(7) and MA(25) to find real support. We are fading the FOMO.
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