🚨$H : Potential Short Setup After Massive Pump! 🚨
On the 4H timeframe, $H (Alpha) is currently trading at 0.0483 USDT, after an impressive surge of +78.85%. The 24h high is 0.0529 USDT and the 24h low is 0.0266 USDT, with a substantial 24h volume of 11.68M USDT. Given the recent parabolic move, the token is showing signs of potential exhaustion and could be setting up for a significant short-term correction.
Potential Entry Zone for Short: 0.04800 - 0.04900 USDT (Consider entering within this range if bearish confirmation is observed)
Potential Short Targets:
🎯 First Target: 0.04000 USDT (Previous support area)
🎯 Second Target: 0.03500 USDT
🎯 Ultimate Target: 0.03000 USDT (Closer to 24h Low)
Potential Stop Loss:
🛡️ 0.05350 USDT (Consider as a stop loss level just above the 24h high and recent peak)
Trade and buy here on $H