Don’t chase the parabolic candle… $HEI has already delivered a massive expansion move and is now trading directly beneath fresh highs after a near-vertical breakout. ⚠️
Entry: 0.1395 – 0.1430
SL: 0.1480
TP1: 0.1280
TP2: 0.1180
TP3: 0.1060
Price exploded from the 0.068 area to nearly 0.140, gaining more than 100% with almost no meaningful retracement. The latest candle is exceptionally extended and far away from recent support zones.
Momentum remains strong, but this type of one-sided move often attracts late buyers right when early traders begin locking profits. The closer price gets to fresh highs, the higher the probability of a short-term cooldown.
After such an aggressive rally, a pullback toward previous breakout levels would be a normal market reset before any sustainable continuation higher. Risk-to-reward now favors patience rather than chasing green candles. 📉🔥$VELVET $SYN
