$M short entry after a bullish retrcement to the top 4.7
however right now
Stochastic is elevated but not crossed bearish.
Trends can stay overbought. Volume is declining on the pullback.
Sellers are absent.
This is consolidation, not distribution.
Support is 4.20 and 4.00.
Resistance is 4.62 and 4.98.
Entry near 4.30 with a stop below 4.00. Target 4.98 and 5.20.
MUSDT
Perp
4.3128
-1.03%
The trend is intact. Do not short into this EMA stack.
ZBTUSDT
Perp
0.20301
+32.27%