🚨 $PTB Strategy: The High-Risk Liquidity Grab
We are currently at the "Break or Make" level. The chart shows a massive sell-off that was immediately "matched" by a buy order at the bottom. We are fishing for a bottom, but only with tight risk management due to the delisting overhang.
Entry Zone: $0.000850 – $0.000870 (Spot or Low Leverage Long)
TP1: $0.000980 (Immediate Resistance)
TP2: $0.01150 (Gap Fill)
TP3: $0.01430 (Full Retest of the Breakdown)
Stop Loss: $0.000780 (Strict exit below the recent capitulation wick)
Trade Logic:
The drop to $0.0007 was a "Stop-Loss Hunt" that cleared out the remaining retail long liquidity. The fact that the price "matched right away" suggests institutional accumulation. However, with the CMC Altcoin Season Index falling to 32, the broader market isn't supporting altcoins. If the $0.00085 support holds, we could see a "V-shape" recovery as the market realizes the delisting risk was overblown.
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