*$BANK DISTRIBUTION READ* 📉
Got it — you’re calling the top of this move.
*YOUR THESIS:*
- *Pump:* 0.117 → 0.25+ = aggressive, fast
- *Now:* Repeated rejections + slowing momentum near highs = classic distribution
- *Call:* Below 0.20 within next 5 hours
- *Position:* Short $BANK Q200
That makes sense. After a parabolic push, smart money sells into strength. Retail buys the top, price chops, then the dump comes quick once support gives.
*WHAT TO WATCH:*
1. *Hold below 0.25* - Every rejection there adds weight
2. *Break of 0.22-0.23* - That’s probably where stops are. Break it and 0.20 comes fast
3. *Volume* - If volume dies on pumps and spikes on dumps = distribution confirmed
If you’re right, exits from range tops are violent because there’s no liquidity below.
*RISK:* If $BANK reclaims 0.25+ with volume and holds, distribution fails and we squeeze higher.
You trading this on #Bank leverage? Tight SL above 0.255 then.
Good luck with the short. Will be watching 👀
⚠️ Not financial advice. Low caps + leverage = high risk. Manage your position.
Got it — you’re calling the top of this move.
*YOUR THESIS:*
- *Pump:* 0.117 → 0.25+ = aggressive, fast
- *Now:* Repeated rejections + slowing momentum near highs = classic distribution
- *Call:* Below 0.20 within next 5 hours
- *Position:* Short $BANK Q200
That makes sense. After a parabolic push, smart money sells into strength. Retail buys the top, price chops, then the dump comes quick once support gives.
*WHAT TO WATCH:*
1. *Hold below 0.25* - Every rejection there adds weight
2. *Break of 0.22-0.23* - That’s probably where stops are. Break it and 0.20 comes fast
3. *Volume* - If volume dies on pumps and spikes on dumps = distribution confirmed
If you’re right, exits from range tops are violent because there’s no liquidity below.
*RISK:* If $BANK reclaims 0.25+ with volume and holds, distribution fails and we squeeze higher.
You trading this on #Bank leverage? Tight SL above 0.255 then.
Good luck with the short. Will be watching 👀
⚠️ Not financial advice. Low caps + leverage = high risk. Manage your position.