$MELANIA just made a massive move, but the rejection wick is sending a warning. The token has traded between roughly $0.078 and $0.162 today, showing extreme volatility. ïżœ
Bybit +1
After a move this aggressive, chasing the pump can be dangerous.
đ Potential SHORT setup
Entry: $0.112â$0.118
Stop Loss: $0.133
TP1: $0.103
TP2: $0.092
TP3: $0.082
The idea: if $0.112â$0.118 fails to reclaim and the rejection continues, sellers could push price toward the lower targets.
â ïž Wait for confirmation. MELANIA is extremely volatile, so keep leverage low and risk controlled.
Big pump. Big rejection. Now watch the next candle. đ
#MELANÄ°A #crypto #memecoin #solana #BinanceSquare
