It shows a typical pump & dump move. Todayโs pump is very sharp and such moves usually donโt hold for long. Volatility is high. A short squeeze may happen, but risk is very high, so trade carefully.
These setups often end with a strong drop once momentum slows. ๐ฏ Possible take-profit zones on pullback: 0.08 0.07 0.05 (high risk zone)
โ ๏ธ Keep position size small cause fast pumps often dump faster.