💥 ALPHA ALERT! Newly Launched Coin Just GOT WIPED — Bounce Setup Brewing?
$Sight / USDT (Alpha Market) is currently trading around $0.0087, after a brutal -86% collapse straight from the highs 📉💣. Price nuked from the $0.078 launch peak down to $0.0069, then started base-building near the lows — classic launch volatility + early shakeout behavior.
🧠 Why this is IMPORTANT (New Launch Dynamics):
• Early buyers + insiders flushed ❌
• Weak hands completely wiped out 🧹
• Liquidity still alive (~$440K) 💧
• 2,500+ on-chain holders already 👥
• Market cap only $2.29M — micro-cap territory ⚡
📊 Chart Insight (1H):
The massive red candle shows forced selling / panic exit, but price is now stalling near $0.007–$0.009, printing small candles → selling pressure is cooling. This zone often becomes a dead-cat bounce or full relief rally area in alpha launches 📈👀
💹 High-Risk / High-Reward Setup (ALPHA STYLE):
• Speculative Entry Zone: $0.0075 – $0.0090
• Invalidation: Below $0.0065 ❌
• Bounce Targets:
🎯 T1: $0.012
🎯 T2: $0.020
🎯 T3: $0.035 (if momentum returns)
⚠️ Reality Check:
This is NOT a confirmed reversal yet. This is a newly launched alpha coin, meaning:
– Extreme volatility
– Fast pumps, faster dumps
– Position sizing is KEY
🔥 Bottom Line:
If volume steps back in and $0.007 holds, $Sight could deliver a violent relief bounce. Missed entries early? This is where smart alpha hunters start watching closely 👁️⚡
👉 Alpha fam — bounce play or dead coin?
Comment 🚀 if you’re watching | ⚠️ if you’re staying cautious
Trade #sight here
