⚠️ $W looks a little too extended here.
I’m watching a SHORT setup on $W after that sharp move from around $0.015.
📉 Entry: ~ $0.01748
🎯 TP: $0.0158–$0.0160
🛑 SL: $0.01825
The move has been almost vertical, but momentum is starting to slow. We’re seeing rejection wicks near the top instead of strong continuation.
I’m not calling the exact top here. The idea is simply to catch a possible pullback toward the area where this aggressive move started.
If buyers lose control, the correction could be quick.
Would you short $W here or wait for confirmation?
I’m watching a SHORT setup on $W after that sharp move from around $0.015.
📉 Entry: ~ $0.01748
🎯 TP: $0.0158–$0.0160
🛑 SL: $0.01825
The move has been almost vertical, but momentum is starting to slow. We’re seeing rejection wicks near the top instead of strong continuation.
I’m not calling the exact top here. The idea is simply to catch a possible pullback toward the area where this aggressive move started.
If buyers lose control, the correction could be quick.
Would you short $W here or wait for confirmation?