đš $TRUTH is starting to look dangerous again and this time Iâm watching the buyers, not the pump.
Iâm opening a BIG SHORT on $TRUTH here.
TP: $0.0157
SL: $0.0250 đđ»
Because that recovery already brought confidence back into the market. Dip buyers are sitting in good profit, late buyers are entering again, but price is now struggling to push cleanly above this area.
Thatâs where I get interested.
If this strength starts fading, all those fresh buyers sitting above the recent low can quickly become downside liquidity.
And after a move this aggressive, the unwind can be just as violent as the recovery.
Iâm not expecting a slow little pullback.
If this structure breaks, Iâm watching $0.0157 as the real target.
The recovery gave everyone hope.
Now I want to see what happens if that hope disappears.
Iâm opening a BIG SHORT on $TRUTH here.
TP: $0.0157
SL: $0.0250 đđ»
Because that recovery already brought confidence back into the market. Dip buyers are sitting in good profit, late buyers are entering again, but price is now struggling to push cleanly above this area.
Thatâs where I get interested.
If this strength starts fading, all those fresh buyers sitting above the recent low can quickly become downside liquidity.
And after a move this aggressive, the unwind can be just as violent as the recovery.
Iâm not expecting a slow little pullback.
If this structure breaks, Iâm watching $0.0157 as the real target.
The recovery gave everyone hope.
Now I want to see what happens if that hope disappears.