Although the price appears to be holding firm, the upward momentum is waning. A significant decrease in trading volume combined with signs of capital outflow indicates that buyers are less willing to follow through at higher levels. Now, sellers are starting to build pressure near key resistance levels, and the risk of a price pullback is increasing sharply. This kind of momentum exhaustion often signals a short-term trend reversal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$TOSHI shows signs of fatigue after a strong rally, with sellers beginning to exert pressure at key levels.
Short $TOSHI now
Entry: 0.000224 - 0.000227
Stop Loss: 0.0002325
Take Profit 1: 0.000210
Take Profit 2: 0.000195
Take Profit 3: 0.000178
Although the price appears to be holding firm, the upward momentum is waning. A significant decrease in trading volume combined with signs of capital outflow indicates that buyers are less willing to follow through at higher levels. Now, sellers are starting to build pressure near key resistance levels, and the risk of a price pullback is increasing sharply. This kind of momentum exhaustion often signals a short-term trend reversal.
Trade $TOSHI here 👇