$CRCL Rolls Over From the Spike Sellers Reassert Control
Pair: $CRCL /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 82.90 – 83.20
Take Profit:
- TP1: 81.76
Stop Loss: 84.81
Chart Structure:
- CRCL spiked sharply to an ~87 high, then reversed hard, breaking below MA7, MA25, and most recently the MA99 a clean trend-change signal after the failed breakout
- RSI 14 spiked near 70 during the rally and has since rolled over into the low-40s, showing momentum has clearly shifted bearish
- MACD crossed negative with the histogram flattening after peaking during the spike confirms the shift on the indicator side, though the decline is beginning to level out
- The latest candles show continued selling pressure, with price now trading well below the entire moving-average cluster
- Only one target is mapped on this setup treat it as a tactical short rather than a full trend-continuation call
- Stop is placed above the recent local high at the risk-area boundary, which would need to be reclaimed to invalidate the short
$CRCL
Pair: $CRCL /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 82.90 – 83.20
Take Profit:
- TP1: 81.76
Stop Loss: 84.81
Chart Structure:
- CRCL spiked sharply to an ~87 high, then reversed hard, breaking below MA7, MA25, and most recently the MA99 a clean trend-change signal after the failed breakout
- RSI 14 spiked near 70 during the rally and has since rolled over into the low-40s, showing momentum has clearly shifted bearish
- MACD crossed negative with the histogram flattening after peaking during the spike confirms the shift on the indicator side, though the decline is beginning to level out
- The latest candles show continued selling pressure, with price now trading well below the entire moving-average cluster
- Only one target is mapped on this setup treat it as a tactical short rather than a full trend-continuation call
- Stop is placed above the recent local high at the risk-area boundary, which would need to be reclaimed to invalidate the short
$CRCL
