$POWER My bias is Long, but I am absolutely not buying here. This is a classic "buy the dip" setup after an explosive breakout. Chasing this pump is retail suicide.
HTF Narrative (4H/1D): This is a major trend reversal. Price has broken out from a long-term base, screaming above all key EMAs and the Supertrend. The +164% move on the 30D scale confirms a structural shift. However, the 1H RSI hit 79.2 – severely overbought and signaling an imminent cool-off.
LTF Execution (15M/1H): The parabola is ending. We're seeing low-volume consolidation after the high-volume breakout. This is profit-taking, not distribution. I'm waiting for a pullback into the new support zone, specifically the confluence of the 1H EMA(50) and the breakout level near 0.345 - 0.355.
Market Psychology: The crowd is FOMO-ing in right now, terrified of missing the rocket. They are buying the top. Smart money is selling to them and will repurchase at lower prices. The funding rate is positive, paying longs – this incentivizes shorts and helps fuel the needed pullback.
Trade Idea: Buy The Cool-Off
· Bias: Long
· Entry Zone: 0.345 - 0.355 (Test of 1H EMA(50) & breakout support)
· Stop Loss: 0.335 (Loss of the consolidation structure)
· Take Profit 1: 0.380 (Recent high)
· Take Profit 2: 0.415 (Range expansion target)
· Risk/Reward: 1:3+
· Invalidation: A sustained 1H close below 0.335 suggests the breakout may have failed, trapping late bulls.
Strength: We're aligning with the new HTF uptrend but respecting momentum exhaustion. We're letting the market flush out weak hands and provide us with a better, higher-probability entry. 📈😌