
$HOT TOP REJECTION: FADING THE EXHAUSTION 🩸
I am analyzing Holo on the 4H timeframe. The aggressive upward push hit a hard ceiling at 0.0005969 before getting completely rejected. We are now seeing consecutive heavy red candles breaking below the MA5 baseline. The buyers are trapped, and the price is heavily disconnected from the MA20. I am stepping in to short this heavy momentum shift.
Trading Ideas Short $HOT
Entry: 0.0005100 - 0.0005250
SL: 0.0006000
TP1: 0.0004879 (MA10)
TP2: 0.0004332 (MA20)
TP3: 0.0003800
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