$GENIUS rally slowing down after aggressive breakout move

Short $GENIUS

Entry: 0.615 – 0.655

SL: 0.6950

TP1: 0.5750

TP2: 0.5450

TP3: 0.5120

TP4: 0.4750

Why:

GENIUS surged rapidly toward the 0.6920 resistance level but failed to sustain momentum near the highs. Price is now trading around MA7 after showing rejection candles on the 4H timeframe. Volume also peaked during the breakout and is beginning to decline, signaling that buying pressure may be weakening. A pullback toward MA25 and lower support zones becomes likely if momentum continues fading.

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GENIUS
GENIUSUSDT
0.4661
-27.87%