#🚨👀 Guys, is this the moment to strike? 📉🔥
I’m planning a BIG SHORT on $Q from here! 🐻💥
🎯 TP: $0.0689 🛑 SL: $0.155
🔍 Why am I looking to short near the top?
After that explosive pump 🚀, many short sellers have already been liquidated. But now $Q is struggling to push toward a new high, trading volume is beginning to cool down 📉, and profit-taking seems to be kicking in near the top 💰.
⚠️ To me, this rally is starting to look more like a potential bull trap than a genuine continuation of the uptrend.
If selling pressure builds up from here, we could witness a sharp downside move 🩸🐻.
#GrayscaleAndRepublicLaunchThreeCryptoFunds
I’m planning a BIG SHORT on $Q from here! 🐻💥
🎯 TP: $0.0689 🛑 SL: $0.155
🔍 Why am I looking to short near the top?
After that explosive pump 🚀, many short sellers have already been liquidated. But now $Q is struggling to push toward a new high, trading volume is beginning to cool down 📉, and profit-taking seems to be kicking in near the top 💰.
⚠️ To me, this rally is starting to look more like a potential bull trap than a genuine continuation of the uptrend.
If selling pressure builds up from here, we could witness a sharp downside move 🩸🐻.
#GrayscaleAndRepublicLaunchThreeCryptoFunds