So once again, $Q shocked everyone by pumping strongly from $0.05 to $0.11. It was a massive pump, and the shorters are probably fucked by now.
But remember, a crash after such moves is also normal. If $Q comes back down to $0.09 from here, it won’t be a big deal because the old FVG gaps are also there, which could get filled.
For now, the hype around $Q in the market has increased a lot. Retail traders will make mistakes by trading out of FOMO, but smart traders will wait for a good level.
Right now, I think $Q will hit $0.15 soon.
But remember, a crash after such moves is also normal. If $Q comes back down to $0.09 from here, it won’t be a big deal because the old FVG gaps are also there, which could get filled.
For now, the hype around $Q in the market has increased a lot. Retail traders will make mistakes by trading out of FOMO, but smart traders will wait for a good level.
Right now, I think $Q will hit $0.15 soon.