$CRCLX Encountered resistance after a sharp rally, but the market feels heavy here.
Trading plan: Short $CRCL Entry: 82 – 85 Stop loss: 89 Target 1: 76 Target 2: 70 Target 3: 62 Recent extensions seem more like liquidity squeezes rather than clean continuations. Buyers pushed it higher, but subsequent follow-through is weakening, and the response from supply is becoming faster. Intraday structure is starting to decline, with momentum on each rebound diminishing. If sellers press in this area, a downward rotation should accelerate. Trade $CRCLX #Gate广场发帖领五万美金红包 here
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$CRCLX Encountered resistance after a sharp rally, but the market feels heavy here.
Trading plan: Short $CRCL
Entry: 82 – 85
Stop loss: 89
Target 1: 76
Target 2: 70
Target 3: 62
Recent extensions seem more like liquidity squeezes rather than clean continuations. Buyers pushed it higher, but subsequent follow-through is weakening, and the response from supply is becoming faster. Intraday structure is starting to decline, with momentum on each rebound diminishing. If sellers press in this area, a downward rotation should accelerate.
Trade $CRCLX #Gate广场发帖领五万美金红包 here