$FROGGIE already went parabolic after the breakout and price is now sitting in a high-risk extension zone. ⚠️
Entry: 0.0096 – 0.0102
SL: 0.0113
TP1: 0.0085
TP2: 0.0073
TP3: 0.0061
Explosive move from the 0.0053 accumulation base with extremely aggressive expansion candles and almost zero healthy retracement during the rally.
Price already wicked into the 0.0123 area before sharp rejection, showing heavy volatility and profit-taking pressure near local highs.
Momentum is still strong short term, but this type of vertical meme move usually becomes unstable once buyers start exhausting.
After a 60%+ expansion, probability favors a cooldown pullback first before any sustainable continuation attempt. 📉$SLX $PLAY
