$QKC IS SHOWING SIGNS OF EXHAUSTION AFTER A SHARP VERTICAL RALLY 📉
Entry: 0.00238 - 0.00242 🔥
Target: 0.00220, 0.00205, 0.00194 🚀
Stop Loss: 0.00262 ⚠️
The price is struggling to maintain momentum after hitting local resistance, and we are seeing clear signs of profit-taking pressure. When a move goes vertical this quickly, the snap-back is usually just as sharp.
I am watching the 0.00262 level closely as my invalidation point for this short. If sellers keep the pressure on, we should see a clean move toward the lower support targets. Are you looking to short this exhaustion or waiting for a deeper retest?
Not financial advice. Always manage your risk.
#QKC #ShortSetup #Trading #Crypto #MarketAnalysis
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