$SPORTFUN is losing steam after the recent pump 🔻
Entry: 0.0485 - 0.0505
Targets: 0.0460, 0.0435, 0.0405
Stop Loss: 0.0525
After the squeeze, the tape starts to breathe, which often means late long positions are becoming liquidity for the next move. If sellers keep pressing into the bounce, whales might let the price drift into lower levels before any real defense appears. The simplest read is: as long as supply continues to absorb the bounces, the market still looks like distribution, not recovery.
Not financial advice. Manage your risk and protect your capital.
#Crypto #Altcoins #Trading #Shorts #USDT