🔻 $KOMA USDT SHORT SETUP ALERT 🔻
$KOMA pumped +32% to touch a local high of 0.02522 before getting rejected hard! Daily RSI(6) is hanging at 75.78 in overbought territory, signaling buying exhaustion and an ideal setup for a pull-back.
📉 Trade Setup:
* Entry Zone: 0.02100 – 0.02250
* Target 1: 0.01850
* Target 2: 0.01700 (EMA7 Support Line)
* Target 3: 0.01480 (EMA25 Key Base)
* Stop Loss: 0.02420 (Above local rejection peak)
💡 Technical Breakdown:
* Sharp Upper Wick: Long spike up to 0.02522 shows strong profit-taking/selling pressure at higher levels.
* Overbought RSI: Daily RSI(6) sitting near 75.78 indicates momentum is overextended.
* Moving Average Gap: Price is stretched far above the 7-day EMA (0.0170), creating a strong mean-reversion opportunity.
⚠️ Manage risk carefully and adjust leverage to match high market volatility!
👇 Are you taking the short here or waiting for lower confirmation? Drop your thoughts below! 👇
$KOMA pumped +32% to touch a local high of 0.02522 before getting rejected hard! Daily RSI(6) is hanging at 75.78 in overbought territory, signaling buying exhaustion and an ideal setup for a pull-back.
📉 Trade Setup:
* Entry Zone: 0.02100 – 0.02250
* Target 1: 0.01850
* Target 2: 0.01700 (EMA7 Support Line)
* Target 3: 0.01480 (EMA25 Key Base)
* Stop Loss: 0.02420 (Above local rejection peak)
💡 Technical Breakdown:
* Sharp Upper Wick: Long spike up to 0.02522 shows strong profit-taking/selling pressure at higher levels.
* Overbought RSI: Daily RSI(6) sitting near 75.78 indicates momentum is overextended.
* Moving Average Gap: Price is stretched far above the 7-day EMA (0.0170), creating a strong mean-reversion opportunity.
⚠️ Manage risk carefully and adjust leverage to match high market volatility!
👇 Are you taking the short here or waiting for lower confirmation? Drop your thoughts below! 👇