$TA is up 25% and showing rejection at the highs. Here's why 👇
A 45% surge in 3 days put it up 25% on the day, so I took a closer look at the structure.
The break above 0.09027 was tiny (2.8%) and TA got rejected from 0.09278 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.08466. Nobody's touched it since $TA the pullback (21% of the leg), so it's the obvious magnet. A move above 0.09278 proves me wrong.
📌 My TA trade: short from 0.09241, stop at 0.09629, target 0.08466 (+8.4%, 1:2)
📊 24h Vol: $15.1M | 24h Chg: +25.0% | Funding: +0.0402%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Not financial advice. Manage your risk.
#TA #Crypto #Trading
A 45% surge in 3 days put it up 25% on the day, so I took a closer look at the structure.
The break above 0.09027 was tiny (2.8%) and TA got rejected from 0.09278 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.08466. Nobody's touched it since $TA the pullback (21% of the leg), so it's the obvious magnet. A move above 0.09278 proves me wrong.
📌 My TA trade: short from 0.09241, stop at 0.09629, target 0.08466 (+8.4%, 1:2)
📊 24h Vol: $15.1M | 24h Chg: +25.0% | Funding: +0.0402%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Not financial advice. Manage your risk.
#TA #Crypto #Trading
