
$APP PARABOLIC EXHAUSTION: FADING THE TOP 🩸
Debut breakdown on Applovin Corp. Looking at the 4H chart, we have a textbook blow-off top forming. A massive +35% vertical anomaly just rocketed into 343.75, but the immediate rejection wick shows buyers are trapped at the peak. The price is wildly detached from the moving average cluster, specifically the MA20 down at 250.02. The AI news catalyst is clearly priced in, and gravity is about to take over. I am stepping in to short this massive liquidity grab.
Trading Ideas Short $APP
Entry: 325.00 - 335.00
SL: 350.00
TP1: 290.04 (MA5)
TP2: 267.38 (MA10)
TP3: 250.02 (MA20)
trade $APP here :👇#Bitcoin midterm election pattern #AMD reports Q3 earnings