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🚨 $NAORIS Strategy: Fading the Resistance Stall
NAORIS is hitting a macro supply wall. While the tech is revolutionary, the chart says the bulls are tired. The Sniper looks for the mean reversion as late-comers get flushed out.
Entry Zone: $0.0640 – $0.0678 (Shorting the failed continuation)
TP1: $0.0600 (Psychological Support)
TP2: $0.0550 (Daily MA(25) Support)
TP3: $0.0500 (Major Mainnet Base)
Stop Loss: $0.0715 (Strict exit above the local wick high)
Trade Logic:
The price moved aggressively into the $0.068 zone but failed to sustain a 1-hour close above it. We are seeing "weaker follow-through," which suggests the initial buyers are now distributing. With the MA(7) starting to curl downwards, a drop toward the $0.054 liquidity gap (MA(99)) is the most likely scenario.
#NAORIS #ShortSetup #TalhaSniper #BinanceSquare #MainnetLaunchDate
NAORIS is hitting a macro supply wall. While the tech is revolutionary, the chart says the bulls are tired. The Sniper looks for the mean reversion as late-comers get flushed out.
Entry Zone: $0.0640 – $0.0678 (Shorting the failed continuation)
TP1: $0.0600 (Psychological Support)
TP2: $0.0550 (Daily MA(25) Support)
TP3: $0.0500 (Major Mainnet Base)
Stop Loss: $0.0715 (Strict exit above the local wick high)
Trade Logic:
The price moved aggressively into the $0.068 zone but failed to sustain a 1-hour close above it. We are seeing "weaker follow-through," which suggests the initial buyers are now distributing. With the MA(7) starting to curl downwards, a drop toward the $0.054 liquidity gap (MA(99)) is the most likely scenario.
#NAORIS #ShortSetup #TalhaSniper #BinanceSquare #MainnetLaunchDate
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