$0G recently surged by 33%, reaching 0.75 before retracing. This often traps late long positions.
📉 **TRADE ALERT: SHORT 0G** 📉
Entry: 0.69 – 0.72
SL: 0.75
TP: 0.65 – 0.60 – 0.56
After a significant 9x volume spike, 0G failed to sustain the 0.75 high, indicating potential exhaustion. Rapid expansion followed by rejection often leads to a mean reversion scenario.
Should momentum cool and volume decline, we anticipate downside acceleration towards the 0.58 support zone. A further extension to 0.52 is also a possibility.
⚠️ Trading with 10-20x leverage demands precise and decisive execution. Effective risk management is crucial. ⚠️
#0GUSDT #CryptoTrading #ShortOpportunity