
$A47 is running into a major supply pocket after an explosive 63% rally.
Trading Plan Short $A47
Entry: 0.00285 – 0.00290
SL: 0.00298
TP1: 0.00275
TP2: 0.00260
TP3: 0.00240
I first mentioned this one at 0.00176 — it's now at 0.00288. If you got in early, you're up 63%. But here's the catch — the recovery has reached a zone where previous upside attempts were absorbed before a sharp decline unfolded. Price is now trading directly beneath overhead liquidity while buying pressure begins to fade, increasing the probability of a rejection. If sellers defend this area once again, the market could rotate lower and revisit the next demand cluster.
#CLARITY Act Senate push #Fed watches June CPI data #Fed rate hike odds rise #Texas data center opposition grows
