$GENIUS is starting to show signs of exhaustion after the recent explosive rally, and bearish momentum appears to be building now.
Buyers are slowly losing strength near the highs, while rejection candles and profit-taking pressure continue increasing. That usually becomes the first signal that momentum may cool off short term.
📌 Entry Zone: 0.73 – 0.71
🛑 SL: 0.79
🎯 TP1: 0.67
🎯 TP2: 0.64
🎯 TP3: 0.60
What I’m watching here:
✅ Slowing bullish momentum
✅ Rejection near local highs
✅ Potential long liquidation pressure
✅ Liquidity sitting below current price
If sellers maintain control and support levels start breaking, this could turn into a deeper correction toward the downside targets.
But remember:
Parabolic pumps create emotional trading environments.
Patience, confirmation, and risk management matter more than chasing volatility.
#RMJ_trades
#RussiaExpandsMinerInfoRequirements
#TrumpSaysIranDealLargelyNegotiated
#SECHaltsInnovationExemption
#BitcoinRisesOnIranPeaceDeal
Buyers are slowly losing strength near the highs, while rejection candles and profit-taking pressure continue increasing. That usually becomes the first signal that momentum may cool off short term.
📌 Entry Zone: 0.73 – 0.71
🛑 SL: 0.79
🎯 TP1: 0.67
🎯 TP2: 0.64
🎯 TP3: 0.60
What I’m watching here:
✅ Slowing bullish momentum
✅ Rejection near local highs
✅ Potential long liquidation pressure
✅ Liquidity sitting below current price
If sellers maintain control and support levels start breaking, this could turn into a deeper correction toward the downside targets.
But remember:
Parabolic pumps create emotional trading environments.
Patience, confirmation, and risk management matter more than chasing volatility.
#RMJ_trades
#RussiaExpandsMinerInfoRequirements
#TrumpSaysIranDealLargelyNegotiated
#SECHaltsInnovationExemption
#BitcoinRisesOnIranPeaceDeal
