Just opened a $30,000 SHORT on $KOMA . 📉
After a 70%+ rally, I think the risk/reward is now shifting to the downside.
The move has become too aggressive, volume is slowing near resistance, and buyers are starting to lose momentum. These are usually the first signs that profit-taking is about to begin.
Entry: Current Price
TP1: 0.0110
TP2: 0.0100
TP3: 0.0095
This isn’t a trade for everyone. If buyers keep pushing, we may get huge loss. But if momentum starts fading, I think $0.011 → $0.010 → $0.0095 comes much faster than people expect.
#altcoins
After a 70%+ rally, I think the risk/reward is now shifting to the downside.
The move has become too aggressive, volume is slowing near resistance, and buyers are starting to lose momentum. These are usually the first signs that profit-taking is about to begin.
Entry: Current Price
TP1: 0.0110
TP2: 0.0100
TP3: 0.0095
This isn’t a trade for everyone. If buyers keep pushing, we may get huge loss. But if momentum starts fading, I think $0.011 → $0.010 → $0.0095 comes much faster than people expect.
#altcoins