$HIGH — Momentum Fading After Blow-Off Top

$HIGH pumped massively from 0.11 → 0.58, but the chart is now showing clear signs of distribution. After the rejection at 0.5853, price has been forming lower highs with weakening volume. That’s not bullish strength — that’s exhaustion.

As long as $HIGH stays below 0.375, sellers remain in control and every bounce is just a relief bounce, not a recovery.

Trading Plan

Entry (Short): 0.310 – 0.335

Stop Loss: 0.375

Targets:

• TP1: 0.275

• TP2: 0.240

• TP3: 0.200

The trend flips only if HIGH reclaims 0.40+ with strong volume. Until then, the chart favors a bearish continuation.

#HIGH #IranRejectsSecondRoundTalks #AltcoinRecoverySignals? #RheaFinanceReleasesAttackInvestigation #Kalshi’sDisputewithNevada

HIGHUSDT

Perp

0.23

+11.54%