$LOBSTER is getting absolutely cooked right now. -20% in 24H. đȘ
If youâre holding bags, I feel for you. If youâre looking for a trade, hereâs the quick breakdown for the fast-paced degen:
đ The Setup:
· 1D: Trend is broken. Down from 0.31 to 0.04. We just slipped under the MA99 (0.055). RSI is 39, not even deeply oversold yet. More pain possible.
· 4H: Rejected hard at 0.08. High volume dump. RSI 34.
· 15m: Trying to catch a breath at 0.0405. Slight RSI divergenceâwatch for a short-term bounce.
đŻ The Game Plan (Quick Scalps):
đ©ž Shorts: Wait for a dead cat bounce to 0.045 - 0.048. Rejection there is an easy short back down. If we lose 0.0405 with volume, smash the short button targeting 0.025.
đą Longs: Do not catch this falling knife. Only scalp a long if 0.0405 holds tight with a super tight stop. Target 0.046.
Don't marry a meme coin. Protect your capital. Stay liquid. đ§
#LOBSTER #éŸèŸ $éŸèŸ
If youâre holding bags, I feel for you. If youâre looking for a trade, hereâs the quick breakdown for the fast-paced degen:
đ The Setup:
· 1D: Trend is broken. Down from 0.31 to 0.04. We just slipped under the MA99 (0.055). RSI is 39, not even deeply oversold yet. More pain possible.
· 4H: Rejected hard at 0.08. High volume dump. RSI 34.
· 15m: Trying to catch a breath at 0.0405. Slight RSI divergenceâwatch for a short-term bounce.
đŻ The Game Plan (Quick Scalps):
đ©ž Shorts: Wait for a dead cat bounce to 0.045 - 0.048. Rejection there is an easy short back down. If we lose 0.0405 with volume, smash the short button targeting 0.025.
đą Longs: Do not catch this falling knife. Only scalp a long if 0.0405 holds tight with a super tight stop. Target 0.046.
Don't marry a meme coin. Protect your capital. Stay liquid. đ§
#LOBSTER #éŸèŸ $éŸèŸ