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From 0.0061 to 0.0083 in 24h amplitude, how many chasing highs were fooled by this $VANRY green candle? Currently at 0.0075, only 10% away from the previous high, but volume is 151M, lower than yesterday.
Entry: buy on pullback to 0.0068-0.0070, position size 3%. Stop-loss below 0.0064. Take profit: first target 0.0078, second target 0.0082.
Now is not the time to chase — up 17% in 24h but heavy overhead resistance; anyone chasing is just feeding fuel to the market maker. I entered at 0.0062 on the 16th, exited at 0.0077, waiting for the next pullback.
This rhythm is a replica of March’s move: first short squeeze, then wash out longs. Wait for a shrinking pullback to test support before acting, don’t bet on a breakout during the rally leg.
No trades outside the plan.