I’m currently eyeing a potential short opportunity on REEFUSDT. There are several key factors indicating a possible dump in the near future: Price and Volume Divergence: While the price has been holding near resistance, there’s a clear divergence between price action and volume. Buying power has significantly reduced, which suggests that the bullish momentum is...
Using both the Volatility Contraction Pattern (VCP) and Smart Money Concepts (SMC), we can build a clearer perspective on whether to buy TAI in the current market. 1. VCP Concept Consideration: The VCP pattern shows that the price is tightening and volatility is contracting. The price has been showing lower highs and stabilizing around $0.10. In a typical VCP,...