๐จ $NOT โ MOMENTUM COOLING OFF? OR JUST A BREATHER? ๐ง๐
$NOT has been on a fiery uptrend, printing strong bullish candles โ but now weโre seeing signs of exhaustion at the top wick. A sharp upper shadow near $0.002197 signals potential rejection from resistance. Is this a healthy pullbackโฆ or the start of a reversal?
โ๏ธ Trade Setup (Short-Term Bearish Bias) โข Entry: $0.002162 โ $0.002161
โข TP: $0.002099
โข SL: $0.002197
๐ Chart Highlights: โข Multiple upper-wick rejections forming a pattern
โข Price hovering near resistance
โข Volume showing signs of divergence
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