๐ฅ $VOXEL /USDT โ Blow-Off Top? Short Opportunity Ahead! ๐ป๐
$VOXEL just delivered a vertical pump on the 15-minute chart, spiking hard to $0.0601 before sellers slammed it down with a heavy rejection wick. Momentum is fading fast โ a short-term correction looks highly probable.
๐ Short Setup:
โข Entry Zone: $0.0538 โ $0.0550
โข Target 1 (TP1): $0.0518
โข Target 2 (TP2): $0.0500 โ
โข Stop Loss (SL): $0.0568
โ ๏ธ Technical View:
The strong rejection candle from $0.0601 signals buyer exhaustion. Lower timeframes now show bearish divergence with volume cooling off.
๐ก Risk Note:
Stick to stop loss strictly โ volatile coins can snap back quickly. Manage size and avoid chasing if entry zone is missed.
๐ Strategy Breakdown:
We're looking to capitalize on a likely retracement after a parabolic move. The entry range targets the breakdown zone below short-term support, with two realistic downside targets as momentum cools.
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