⚠️ WARNING: That “bullish breakout” on $S might be exactly where late buyers get trapped.

I’m going to open a BIG SHORT on $S here.

TP: $0.0552
SL: $0.0753

Now the question is: why am I shorting after a breakout?

Because everyone is looking at that breakout and reading it as bullish continuation.

But the on-chain activity I’m tracking is starting to show selling pressure, and that changes the whole picture for me.

The breakout already pulled in fresh buyers and gave them confidence that price was going higher.

Now if that momentum fails, those late buyers can get trapped very quickly.

And below current price, there’s still a lot of liquidity sitting from those fresh entries.

So my idea is simple:

The breakout brought buyers in.
Selling pressure is starting to appear.

If structure weakens from here, $S can unwind hard toward the liquidity below.