$C Parabolic Rejection Quick Scalp Short 📉
Chainbase (C) just executed a massive vertical spike on the 1D chart, surging over 31% to a high of 0.0890 before immediately facing heavy rejection. The price is now rolling over aggressively, dropping back to 0.0739 and leaving a long upper wick. This is a classic blow-off top formation, making it a perfect setup for a quick scalp short
Entry Zone
0.07350 – 0.07450 (start here)
0.07800 – 0.08000 (add on bounce)
Targets
TP1: 0.07000
TP2: 0.06700
TP3: 0.06400
Stop Loss 0.08200
Quick in and out take profits fast, don't get greedy. Move stop to breakeven after TP1.
DYOR
Trade here 👉🏻 $C
Chainbase (C) just executed a massive vertical spike on the 1D chart, surging over 31% to a high of 0.0890 before immediately facing heavy rejection. The price is now rolling over aggressively, dropping back to 0.0739 and leaving a long upper wick. This is a classic blow-off top formation, making it a perfect setup for a quick scalp short
Entry Zone
0.07350 – 0.07450 (start here)
0.07800 – 0.08000 (add on bounce)
Targets
TP1: 0.07000
TP2: 0.06700
TP3: 0.06400
Stop Loss 0.08200
Quick in and out take profits fast, don't get greedy. Move stop to breakeven after TP1.
DYOR
Trade here 👉🏻 $C
