$GHST /USDT – Bearish Continuation / Dead-Cat Bounce Risk

Market Structure:

GHST saw a sharp impulsive pump followed by an equally strong rejection from the 0.21–0.22 zone. Since that rejection, price has been printing lower highs and lower lows, confirming a short-term bearish structure. Current price is hovering around 0.173, sitting weakly above intraday support.

Key Levels:

Resistance: 0.180 – 0.185 (minor), 0.195 – 0.205 (major supply zone)

Support: 0.170 – 0.168, then 0.163, and 0.155 below

Bias:

Bearish while below 0.185. Any upside move into resistance looks corrective rather than trend reversal.

Trade Idea (Short Setup):

Entry Zone: 0.180 – 0.190

Stop Loss: Above 0.205

Targets:

TP1: 0.168

TP2: 0.163

TP3: 0.155

Alternative Scenario:

If price loses 0.168 with strong volume, expect continuation toward 0.163 → 0.155 without meaningful pullback.

Bullish reversal only becomes valid on a clean reclaim and hold above 0.205, which currently looks unlikely.

Conclusion:

GHST is in a post-pump distribution phase. Until buyers reclaim higher resistance with volume, rallies are selling opportunities. Manage risk strictly and avoid chasing green candles.

⚠️ Not financial advice. Always wait for confirmation and manage position size.