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🚨 $D — The pump is here. The rejection as well. I am SHORT.
Big green candle… immediately rejected. The market clearly rejected these levels. This is exactly the setup I was waiting for.
📉 My trading plan:
∙ 🎯 Entry: 0.0136 – 0.0142
∙ 🛑 Stop Loss: 0.0162
∙ ✅ TP1: 0.0120
∙ ✅ TP2: 0.0105
∙ ✅ TP3: 0.0092
🔍 Why this setup interests me:
A pump without follow-through = distribution. The big players sold in euphoria while retail bought the top. The strong rejection confirms that the selling pressure dominates.
This is not a conviction about the project. It’s just what the chart is telling me. 📊
💡 What I’m watching:
A candle close above 0.0162$ invalidates everything. The stop loss is there for that. No ego in trading.
Manage your position size. This market is brutal. 🧠#GateSquareAprilPostingChallenge $D