$QUICK Momentum Slows After Explosive Pump As Bears Defend Resistance ⚠️
Trade Setup: Short
Entry Zone: 0.0087 – 0.0089
TP1: 0.0083
TP2: 0.0079
TP3: 0.0075
SL: 0.0093
QUICK delivered a sharp impulse move, but price is now struggling to continue higher and has entered a tight consolidation under resistance. Multiple rejection wicks near the upper zone suggest sellers are actively defending the breakout area while momentum cools down after the initial rally.
If buyers fail to reclaim 0.0090+ with strength, the current structure favors a pullback toward lower support levels. Fast pumps without stable continuation often lead to liquidity retracements, making this setup attractive for a short-term short opportunity with controlled risk.
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