Trade Details:
Coin: T
Bias: SHORT
Entry Zone: $0.00500–0.00505
Stop Loss: $0.00522
TP1: $0.00488 | TP2: $0.00474 | TP3: $0.00458
Risk Level: Medium
My Analysis:
This short squeeze looks like the kind of move that can run into exhaustion if follow-through buying starts fading. I'm more interested in fading a weak retest than chasing the spike because that gives me a tighter risk point. If sellers reclaim the area, I think the path back toward the lower targets becomes much cleaner.