TF: 15m / 1h (Scalp)
EP: $0.475 - $0.490
TP: $0.404 | $0.340 | $0.280
SL: $0.525
Market Breakdown
$HIGH has been on a massive run today, up over 300%, but it looks like the momentum is finally hitting a wall. We’re seeing some clear rejection near the $0.50 - $0.51 resistance zone, forming a potential lower high on the 15m chart.
The volume is starting to cool down, and when a coin pumps this hard, a sharp "mean reversion" or correction is usually right around the corner. I'm looking for a move back down to test previous support levels.
Quick Tips:
Don't FOMO: Wait for the entry zone.
Risk Management: This is a high-volatility move. Keep your position size small and stick to the SL.
Profit Taking: Don't wait for the final TP; secure some gains at the first target!
Let's see if we get that pullback. Stay sharp! 📉🔥