$4 Imploding: Scalp the Collapse 📉
Entry Zone: 0.0200 – 0.0203
TP1: 0.0193
TP2: 0.0188
Stop Loss: 0.0211
Leverage: 20x – 50x
Margin: 2% – 5%
$4 is getting absolutely hammered. Bounce attempts are pathetic – sellers are dominating. Price is coiling at the bottom, and that usually means one thing: more downside. As long as it stays under the intraday supply zone, shorts are the play.
Don't see any real buying pressure yet, just a slow bleed. A break *above* 0.0206 – 0.0209 with strength is the only thing that changes the narrative. Until then, bearish bias is strong. 🐻
