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Below 1.1050 – 1.12398.
Stop above 1.22 (don't be a hero).
Take profit at 0.9729 / 0.88 / 0.66.
My honest opinion about #Trade (perp) straight to the point.
Price surged +65% in a few days.
RSI(6) at 93 – too hot like an oven.
StochRSI at 1.00 – truly maximum.
Volume doubled the average retail FOMO everywhere.
And we are trading above the upper Bollinger band.
That is a textbook blow-off top.
What smart money sees:
Upper side liquidity is above 1.21368 – they will take control and then sell.
Fair value gap between 0.9729 and 1.0005 – the price needs to fill that imbalance.