$G wicked from $0.003986 all the way to $0.008577 on $186.3M volume.
Anyone who caught the $0.003986 base is sitting on massive gains, but market-buying these wicks near $0.007581 is pure exit liquidity.
Unless bulls can cleanly break and hold above $0.008577, this has all the hallmarks of an aggressive pump running straight into overhead whale supply.
First real support to watch is the $0.005555 demand shelf. Lose that, and expect a sharp cascade back to $0.003986 where this move started.
Did you bank profit on this run, or are you waiting for the short setup?
#G #CryptoTrading #PriceAction
Anyone who caught the $0.003986 base is sitting on massive gains, but market-buying these wicks near $0.007581 is pure exit liquidity.
Unless bulls can cleanly break and hold above $0.008577, this has all the hallmarks of an aggressive pump running straight into overhead whale supply.
First real support to watch is the $0.005555 demand shelf. Lose that, and expect a sharp cascade back to $0.003986 where this move started.
Did you bank profit on this run, or are you waiting for the short setup?
#G #CryptoTrading #PriceAction
