PARABOLIC SPIKE – DISTRIBUTION BEFORE DROP?

$PLAY SHORT

Trade Plan

Entry $0.062 – $0.066

SL $0.071

TP1 $0.055

TP2 $0.048

TP3 $0.040

Win Rate: 67%

Why this setup

– Market structure: Vertical pump followed by sharp rejection → early distribution phase

– Key level: Failure to hold above 0.07 after spike to ~0.077 → lower high forming

– Momentum: Volume climax on pump, now decreasing → buyer exhaustion

– Bias valid if price stays below 0.071 and continues making lower highs

Trade $PLAY here 👇

DYOR