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$PTB Get ready to short!
From what it looks like, a parabolic top pattern may be forming. I’m planning to short this upper wick line to catch a quick mean-reversion trade. You can watch for an entry around the 0.000677 to 0.000694 range. Take profit at 0.0006350 and 0.0005946, with the stop loss set at 0.0007287.
But do pay attention to the risks—momentum is still quite strong right now. Above 0.000700, a short squeeze could be triggered. Don’t get carried away and go all-in; control your position size according to your own account. $SOXL You can also take a quick look $XAU .