$C (Infrastructure) 📉
The recent pump to 0.0760 was met with massive selling pressure, leaving a long "wick" (shooting star) on high volume. Since then, volume has dropped by over 50%, and the MA(7) has crossed below the MA(25) on the 1h chart, signaling a loss of momentum. This looks like a classic "bull trap" before a deeper correction back to the baseline.
Plan: Sell/Short
Entry: 0.0610 – 0.0625
Stoploss: 0.0685 (Above the recent consolidation high)
Targets:
0.0580 (Immediate support)
0.0525 (MA99 support)
0.0480 and below (Full retracement)
⚠️ Risk Warning: Trading volatile assets based on a single timeframe is high risk. The current price is sitting just above the purple MA(99) line; a break below 0.0580 would confirm the bearish trend.