$VVV The Dead Cat Bounce Is Over. The Next Leg Down Is Loading. Short Setup...
Family. Look at this 1-hour chart. The pump is already losing steam.
It had a sharp bounce from the $16.70 lows, ripping up to $20.26. But look at the structure now the buyers are exhausted, and we are already printing a series of lower highs. It is currently sitting at $19.19, and the momentum is fading fast.
Why I'm shorting right now
That massive green candle was a liquidity grab, not a trend reversal. The smart money used the volume to dump their bags on the late buyers, and now the sellers are stepping back in. When a bounce fails to hold the highs like this, gravity takes over.
We are heading straight back down to the $18.00 and $17.00 support zones.
The Short Setup
· Entry: $19.10–$19.30 (CMP)
· Target 1: $18.50
· Target 2: $18.00
· Target 3: $17.00 (The recent base)
· Stop Loss: $20.30 (Strictly above the recent local high)
We caught massive pumps on $AKE $AGT, and $PIEVERSE. Now it's time to flip the script and ride the dump. Don't try to catch this falling knife on the long side the momentum is dying.
I'm short. The family is short. Are you opening the short with us?
Family moves together. Let us eat.
NFA DYOR.
Trade here 👉🏻 $VVV
Family. Look at this 1-hour chart. The pump is already losing steam.
It had a sharp bounce from the $16.70 lows, ripping up to $20.26. But look at the structure now the buyers are exhausted, and we are already printing a series of lower highs. It is currently sitting at $19.19, and the momentum is fading fast.
Why I'm shorting right now
That massive green candle was a liquidity grab, not a trend reversal. The smart money used the volume to dump their bags on the late buyers, and now the sellers are stepping back in. When a bounce fails to hold the highs like this, gravity takes over.
We are heading straight back down to the $18.00 and $17.00 support zones.
The Short Setup
· Entry: $19.10–$19.30 (CMP)
· Target 1: $18.50
· Target 2: $18.00
· Target 3: $17.00 (The recent base)
· Stop Loss: $20.30 (Strictly above the recent local high)
We caught massive pumps on $AKE $AGT, and $PIEVERSE. Now it's time to flip the script and ride the dump. Don't try to catch this falling knife on the long side the momentum is dying.
I'm short. The family is short. Are you opening the short with us?
Family moves together. Let us eat.
NFA DYOR.
Trade here 👉🏻 $VVV
