๐ฅ $PUFFER USDT Momentum Failure: OVEREXTENDED TOP [SHORT] โฌ๏ธ
โTrading Thesis: PUFFER has experienced a massive, volatile pump, spiking over +27.14\% in the last 24 hours to a high of 0.09500. The price is now showing clear signs of deceleration and momentum loss, correcting back to the EMA(7) at 0.08479. This extreme move above key averages sets up a perfect aggressive mean-reversion SHORT trade.
โDirectional Bias: AGGRESSIVE SHORT
โ๐ What the Chart is Telling Us:
โExtreme Spike & Reversal: The price violently rejected the 24h high of 0.09500 and is correcting sharply towards its immediate mean (EMA(7)).
โOverextended Divergence: The MACD is high (0.00062) and positive, but the momentum of the price drop suggests the buying pressure has failed at the top. The DIF (0.00552) and DEA (0.00490) are wide, but the rapid price reversal indicates the positive momentum is about to roll over.
โImmediate Target: The correction is already targeting a snap-back to the EMA(7) at 0.08479. A break of this level confirms the weakness.
โMy High-Conviction Trading Thesis (SHORT Bias): The parabolic move has peaked, and buyers are exhausted. Shorting the inevitable correction back to the lower moving averages is the high-probability trade here.
โ๐ ๏ธ The Trade Plan (Detailed List)
โEntry Zone: This is an aggressive entry, capitalizing on the peak momentum failure, near the current price around $0.08250 - $0.08300.
โCritical Stop: Place your stop loss just above the recent swing high at $0.08800. A clean close above this level suggests the short idea is invalidated and the parabolic movement may continue.
โTarget 1 (T1): The first target is the inevitable snap-back to the EMA(7) level, near $0.08050.
โTarget 2 (T2): A break of the EMA(7) opens the path to the next major mean, the EMA(25), with a target around $0.07735.
โHow low will PUFFER drop on this mean-reversion? Drop your price! ๐
