Market Insight: $4 Overextension

​The recent bullish surge in $4 is hitting a wall. While the upward momentum was aggressive, we are seeing clear signs of buyer exhaustion as price tests key resistance. The price action is turning choppy, suggesting the "easy money" for longs is over and a mean-reversion pullback is brewing.

​The Strategy: Short Scalp

​We are looking to fade this move as the structure weakens.

​Entry Zone: 0.0151 – 0.0161 (Layered entries recommended)

​Leverage: Max 10x

​Stop Loss (SL): 0.0170 (Strict adherence)

​Take Profit Targets

​TP1: 0.0142 (Initial liquidity grab)

​TP2: 0.0132 (Structural support)

​TP3: 0.0122 (Full retracement target)

​Pro Tip: Keep an eye on the 15m/1h timeframe. If we see a bearish engulfing candle or a "lower high" within the entry zone, it confirms the reversal thesis.

​Trade $4 here 👇#Binance #Write2Earn