🚨 DON’T CHASE THE PUMP $ELSA COULD BE SETTING UP FOR A PULLBACk

I’m watching $ELSA for a potential BIG SHORT at 20x leverage.

📍 Entry Zone: $0.0560–$0.0575
🛑 Stop Loss: $0.0610

🎯 TP1: $0.0530
🎯 TP2: $0.0505
🎯 TP3: $0.0478

Here’s what I’m watching 👇🏻

$ELSA faced strong rejection near $0.0606 after a sharp pump with heavy volume. That rejection could open the door to a pullback, but there’s one important thing to remember: bullish momentum is still strong above key moving averages.

That’s why I don’t want to blindly chase the move.

The plan is to wait for bearish confirmation in the entry zone. If selling pressure builds, price could move toward our targets one by one.

After TP1 hits, consider moving the SL toward breakeven to protect the position.

Trade the confirmation, not the hype. 🔻📉