$Q BIG SHORT SETUP ... SQUEEZE MAY BE EXHAUSTING
Short Setup
Entry: 0.0415–0.0430
Next Price: 0.0380
TP1: 0.0350
Final Target: 0.0292
SL: 0.0495
Q has already delivered a massive squeeze from 0.0295 to 0.0434, clearing early shorts and pulling late buyers into the move.
Now price is trading around 0.042, right below the recent 0.0435 high. If buyers fail to secure continuation above this zone, I expect the breakout to start unwinding.
I’m not shorting simply because Q pumped. The squeeze has already done its job. Now I’m watching whether late buyers get trapped near the top.
Important: your original 0.0409 SL is below the current price, so it doesn’t work as a stop-loss for a new short here. A stop above the recent 0.0435 high makes more structural sense.
$Q
Short Setup
Entry: 0.0415–0.0430
Next Price: 0.0380
TP1: 0.0350
Final Target: 0.0292
SL: 0.0495
Q has already delivered a massive squeeze from 0.0295 to 0.0434, clearing early shorts and pulling late buyers into the move.
Now price is trading around 0.042, right below the recent 0.0435 high. If buyers fail to secure continuation above this zone, I expect the breakout to start unwinding.
I’m not shorting simply because Q pumped. The squeeze has already done its job. Now I’m watching whether late buyers get trapped near the top.
Important: your original 0.0409 SL is below the current price, so it doesn’t work as a stop-loss for a new short here. A stop above the recent 0.0435 high makes more structural sense.
$Q