#Q Pumped Over 70%, but Sellers Are Starting to Fight Back!
Guys $Q is showing repeated rejection near $0.136–$0.140 on the 1H chart.
After such a massive rally, price is struggling to hold the highs. I'm watching for a deeper correction if the $0.119 support breaks.
SHORT Setup
Entry: $0.136450
TP1: $0.119500
TP2: $0.100000
TP3: $0.077957
SL: $0.156717
My bias: Bearish below $0.1365.
The downside setup looks interesting, but a confirmed breakdown is still needed. Volatility remains extremely high, so a sharp rebound is possible.
Guys $Q is showing repeated rejection near $0.136–$0.140 on the 1H chart.
After such a massive rally, price is struggling to hold the highs. I'm watching for a deeper correction if the $0.119 support breaks.
SHORT Setup
Entry: $0.136450
TP1: $0.119500
TP2: $0.100000
TP3: $0.077957
SL: $0.156717
My bias: Bearish below $0.1365.
The downside setup looks interesting, but a confirmed breakdown is still needed. Volatility remains extremely high, so a sharp rebound is possible.