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I posted that $4 trade yesterday... It has achieved a 450% profit so far, with the last two targets still pending 😜
#GateSquareMayTradingShare
🔽 SHORT
✳️ ENTRY: 0.0176 – 0.01800 – 0.018300
🎯 TARGETS: 0.01736 – 0.016956 – 0.01644 – 0.015732 – 0.01420 – 0.0128 – 0.0100
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.0188
$4 just printed a sharp impulsive move into the 0.0195 zone and immediately faced rejection — classic breakout exhaustion behavior. Price is now struggling to sustain above short-term support while forming a potential lower high on lower timeframes.
MA7 is flattening and price is hovering around MA25, indicating slowing momentum after the vertical push. MACD histogram is fading, and RSI is cooling off from elevated levels — both signaling weakening bullish strength rather than continuation.
This setup favors a pullback toward liquidity zones below, especially if price fails to reclaim the 0.0185–0.0190 region. Scaling into shorts across the resistance band allows capturing the correction move while managing risk efficiently.