Guys, I’ve opened a large short on $KAIA here.
TP: $0.0465
SL: $0.0595
$KAIA The strong upward wave is over, and now momentum is starting to weaken, with volume declining too.
A lot of late buyers came in after the green candles, and if the price keeps falling from here, the market will start shaking them out one by one.
This kind of trade drops fast as soon as momentum breaks.
I’m not going to chase the pump anymore. To me, the best opportunity now is to catch the pullback before everyone sees it.
TP: $0.0465
SL: $0.0595
$KAIA The strong upward wave is over, and now momentum is starting to weaken, with volume declining too.
A lot of late buyers came in after the green candles, and if the price keeps falling from here, the market will start shaking them out one by one.
This kind of trade drops fast as soon as momentum breaks.
I’m not going to chase the pump anymore. To me, the best opportunity now is to catch the pullback before everyone sees it.