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Something feels very off with $ARIA right now.
That massive red candle just wiped out days of progress in a single session. We were riding a clean uptrend, but the rejection at the 0.75 level was brutal.
Look at the volume. People are exiting fast. We’re currently hovering around 0.39, trying to find some sort of floor near the previous breakout zone. If this area doesn’t hold, the next stop could be a lot lower, maybe back toward 0.17 where the original move started.
I’m staying sidelined for a bit. Catching a falling knife like this is how accounts get blown. I want to see some stabilization or a double bottom on the lower timeframes before even thinking about a long.
Be careful with this one today. The momentum has shifted completely.
#GateSquareAprilPostingChallenge