Price just printed a +48% impulsive candle after a clean EMA reclaim. Momentum is strong, but conditions are now EXTREMELY STRETCHED. $ 🔍 What the chart is saying:
✅ Price above EMA 7 / 25 / 99 → bullish control
🚀 Strong expansion candle → FOMO phase triggered
⚠️ RSI ~85 → heavily overbought (not a safe fresh long zone)
📈 MACD expanding → momentum still alive, but late
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🧠 Market Read:
This is NOT a low-risk entry anymore. Smart money usually waits here while late buyers rush in.
Two scenarios matter now 👇
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📈 Scenario 1 — Continuation (Aggressive)
If price holds above 0.048–0.049
Small pullbacks get absorbed → Push toward 0.055–0.058
📉 Trend: Strong Bearish BTR has already printed a ~35% dump, but structure still shows no real reversal. Price is compressing under key EMAs — a classic bear flag / continuation base after heavy distribution.
📊 Technical Breakdown: • EMA Alignment: Price below EMA 7 / 25 / 99 → trend fully bearish • RSI (36): Weak momentum, no bullish divergence yet • MACD: Bearish pressure fading slightly, but still below zero → relief, not reversal • Price Action: Sideways compression after capitulation → downside continuation likely on breakdown
🧠 Bias: This is not accumulation — it’s post-dump consolidation. As long as price remains below EMA25, any bounce is exit liquidity, not a trend change.
⚠️ Trade with discipline. Volatility remains high after crashes.
$JELLYJELLY and RIVE shorts are playing out exactly as planned. Sellers have remained firmly in control since entry, with steady downside momentum and no meaningful reclaim from buyers. Both setups have already delivered solid gains, and the structure continues to favor continuation.
If you’re holding these positions, you can lock in profits early or trail your stop-loss into a profitable zone and let the trades run while keeping risk fully protected. $JELLYJELLY $RIVER
📍 Sell Zone: On pullbacks into resistance 🛑 Invalidation: Clean hold above recent lower high 🎯 Targets: Previous intraday lows → extended support if momentum builds
⚠️ Risk Note
Expect volatility
Avoid chasing price
Trade levels, not emotions
💬 Bias check: Short continuation or bounce fade? Comment 👇
This looks like a dead-cat bounce turning into a short-term bullish continuation if buyers defend the 0.018 zone. A clean break and hold above 0.0189 can accelerate upside momentum.
⚠️ Invalidation if price loses 0.0173 decisively.
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Risk Management is key. Not financial advice. Trade smart 📊🔥