🚨 I’m Shorting $NOT — Momentum Stalling at Highs
NOT has been strong over the past month, but now it’s starting to show cracks. Price pushed into the highs and stalled — no continuation, just hesitation.
Momentum is fading, and the order book is heavily tilted to the sell side (~65% asks). That’s not what you want to see at highs — it usually signals distribution, not breakout.
When a strong run starts stalling like this, the first sign of weakness often leads to a sharp pullback as sellers ...
Three charts up. Same screen. Different traps.
People usually vote with the biggest candle. That’s how late money gets found.
$NOT already went vertical. When volume arrives after the move, it often means attention is chasing price, not building it.
$PROM feels different. It dropped, based, then reclaimed. That’s usually where rotation money likes to hide because it still has a story to rebuild.
$CHIP already had its explosive phase earlier. Now it’s trying to prove the second move is real, ...
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