$WMTX DOUBLED IN VALUE — CORRECTION INCOMING!

Trading Plan Short $WMTX

Entry: 0.0493 – 0.0495

SL: 0.0510

TP1: 0.0475

TP2: 0.0445

TP3: 0.0405

The asset has surged from 0.0236 to 0.04944 — a 109% gain. The RSI at 88 suggests the asset is entering overbought territory. The 1-hour chart reveals diminishing bullish candles, which often precedes a reversal. This zone has rejected advances on multiple occasions, creating a strong resistance barrier. Overhead liquidity remains concentrated here, and the broader structure appears corrective. If sellers step in, the market could rotate lower toward 0.0475 and 0.0445, with further liquidity resting at 0.0405 — a potential 18% decline from entry. The stop is placed tight at 0.0510, above the recent high, keeping risk manageable while allowing room for the trade to develop.

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