#trade
$STRK USDT is experiencing a parabolic micro pump that has pushed the RSI to an unsustainable 82.59. The risk of a sudden and violent pullback is extremely high. The smart money is selling here, not buying.
Short Entry 0.06900 - 0.07100
SL 0.07300
TP 0.06058
TP 0.05350
Invalidation Conditions:
4H candle closes above 0.07300, the short thesis is invalidated. Do not hold a short against a parabolic breakout.
$STRK USDT is experiencing a parabolic micro pump that has pushed the RSI to an unsustainable 82.59. The risk of a sudden and violent pullback is extremely high. The smart money is selling here, not buying.
Short Entry 0.06900 - 0.07100
SL 0.07300
TP 0.06058
TP 0.05350
Invalidation Conditions:
4H candle closes above 0.07300, the short thesis is invalidated. Do not hold a short against a parabolic breakout.