$ANIME is up +23% and everyone's piling in late. I'm looking the other way 👇
A 35% surge in 46 hours put it up 23% on the day, so I took a closer look at the structure.
The break above 0.003471 was tiny (5.8%) and ANIME got rejected from 0.003672 straight away. That's not strength, that's buyers running out of steam.
The spot I care about is 0.003272. That's where the last dip bottomed (it retraced 27% of $ANIME the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.003672 though, I'm wrong.
📌 My ANIME trade: short from 0.003626, stop at 0.003803, target 0.003272 (+9.8%, 1:2)
📊 24h Vol: $32.0M | 24h Chg: +22.8% | Funding: -0.5606%
Agree or disagree? Let me know 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#ANIME #Crypto #Trading
A 35% surge in 46 hours put it up 23% on the day, so I took a closer look at the structure.
The break above 0.003471 was tiny (5.8%) and ANIME got rejected from 0.003672 straight away. That's not strength, that's buyers running out of steam.
The spot I care about is 0.003272. That's where the last dip bottomed (it retraced 27% of $ANIME the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.003672 though, I'm wrong.
📌 My ANIME trade: short from 0.003626, stop at 0.003803, target 0.003272 (+9.8%, 1:2)
📊 24h Vol: $32.0M | 24h Chg: +22.8% | Funding: -0.5606%
Agree or disagree? Let me know 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#ANIME #Crypto #Trading