🐻 **THE BEARISH GAME PLAN** Both coins are cooling after strong upward moves. WEN is consolidating below its recent high, while VRT is trading below its short-term MA(7).
But remember: a pullback isn't automatically a full reversal. Wait for support breakdowns and volume confirmation before entering a short.
🚨 $EVAA and #INIT are looking dangerously cooked 💀
$EVAA — Up 89% to $1.3247. Massive vertical pump, now stalling below $1.43 resistance. Loses $1.25 → $1.10, then $1.00.
$INIT — Up 40% to $0.2276. Wicked up to $0.2577 and got rejected. Loses $0.208 → $0.189, then $0.180.
Both charts are stretched after huge green candles. Late longs could become exit liquidity. I'm waiting for rejection before shorting — no blind entries.