$HIGH After an explosive +298% move, price is showing signs of exhaustion near key resistance as multiple rejections appear on higher levels. The structure suggests weakening momentum with lower highs forming on smaller timeframes, indicating potential pullback or consolidation ahead. Volume spike followed by slowing price action often signals distribution phase before correction.

Trading plan short $HIGH

Short Entry: 0.500 – 0.530

Stop Loss: 0.600

TP1: 0.420

TP2: 0.365

TP3: 0.300

Risk Management: Use low leverage, risk only 1–2% capital per trade, and avoid chasing after extended moves.