$PIEVERSE THE TOP JUST GOT REJECTED. TIME TO SHORT THE DUMP.
Look at this 1H chart. The pump is stalling.
We just had a massive run from $1.00 to a high of $1.22 But look at what happened at the top a hard rejection. The last few candles are printing huge red wicks. The buyers are exhausted. The whales are taking profits.
Right now, we are sitting at $1.16. The structure is showing the first signs of weakness. Every push higher is getting slapped down. When a chart goes parabolic and then prints a rejection wick like that, the retrace is usually fast and brutal.
If you bought the top, you are the exit liquidity. Don't be that guy.
Entry: CMP ($1.1667)
Target 1: $1.1000 (First major support)
Target 2: $1.0500 (The breakout base)
Target 3:** $1.0000 (Full round trip)
Stop Loss: $1.2400 (Strictly above the 24h high)
The momentum is dying. The smart money is taking profits. You can either short the weakness and ride the retracement down, or you can hold your long bag and pray.
I am short. The family is short. Let's eat.
NFA DYOR
Trade here 👉🏻 $PIEVERSE
Look at this 1H chart. The pump is stalling.
We just had a massive run from $1.00 to a high of $1.22 But look at what happened at the top a hard rejection. The last few candles are printing huge red wicks. The buyers are exhausted. The whales are taking profits.
Right now, we are sitting at $1.16. The structure is showing the first signs of weakness. Every push higher is getting slapped down. When a chart goes parabolic and then prints a rejection wick like that, the retrace is usually fast and brutal.
If you bought the top, you are the exit liquidity. Don't be that guy.
Entry: CMP ($1.1667)
Target 1: $1.1000 (First major support)
Target 2: $1.0500 (The breakout base)
Target 3:** $1.0000 (Full round trip)
Stop Loss: $1.2400 (Strictly above the 24h high)
The momentum is dying. The smart money is taking profits. You can either short the weakness and ride the retracement down, or you can hold your long bag and pray.
I am short. The family is short. Let's eat.
NFA DYOR
Trade here 👉🏻 $PIEVERSE
