BULLAUSDT PERP — SHORT (Exhaustion / Mean Reversion)
Current Price: ~0.114
Setup Type: Overextension fade after parabolic move
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📊 Market Context
+70% move in 24h → parabolic expansion
RSI(6) ≈ 80 → extreme overbought
Price extended far above EMA(7), EMA(25)
Upper wicks near 0.119–0.120 show rejection
Momentum slowing after impulse → cool-off likely
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🎯 Short Entry
0.118 – 0.121 (resistance & wick zone)
Aggressive Entry:
Failure to hold above 0.116
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🛑 Stop Loss
0.125 (above range high & squeeze protection)
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🎯 Targets
TP1: 0.112
TP2: 0.105
TP3: 0.098
TP4 (extension): 0.090
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🧠 Trade Rationale
Parabolic moves don’t retrace slowly
RSI overbought + momentum divergence risk
Shorts are counter-trend → quick in, quick out
Expect pullback toward EMA25 / EMA99 zone
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❌ Invalidation
Clean breakout and hold above 0.125
Strong volume continuation = trend still dominant
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⚠️ Risk Warning
Counter-trend short — use reduced size, secure TP1 quickly, and trail stop aggressively.
Not financial advice. Trade smart.
