You might want to take a closer look at $FF ‌ before the next daily candle closes.

The chart just put in a massive wick all the way up to 0.176 but the price got slammed back down just as fast. It’s currently sitting at 0.09216 and that red candle is showing some serious profit taking.

When you see a spike like that on 66M USDT volume after weeks of flat price action, it usually means the initial pump is exhausted. The order book is pretty balanced right now around 48% bids and 51% asks, so the market is still undecided on where to settle.

Support is likely way back down near the 0.075 area where the move started. If it can't find a base here, we might just bleed back to where we began.

I’m staying away from long positions here. That wick at the top is a big warning sign that the sellers are in control for now.

Wait for the dust to settle. It’s better to be late than to exit liquidity.

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