Because $KAIA already gave the aggressive pump, but now the move is starting to lose momentum and the volume is fading with it.
That’s the part I’m watching.
A lot of late buyers entered after the big green candles, and if price keeps slipping from here, the market can start forcing those buyers out one by one.
This kind of setup can turn fast once the momentum breaks.
I’m not interested in chasing the pump anymore.
For me, the better opportunity now is catching the correction before everyone else starts seeing it.
Guys, $VELODROME is showing fresh selling pressure after rejection from higher levels. Another drop looks possible. Open short position now and watch for further downside.