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Most traders are going to FOMO into this candle and get absolutely wrecked.
$HYPER just put in a massive god candle up to $0.1650, which is over 67% in a single day. While it looks amazing on the chart, we just hit a brick wall of resistance at $0.1895.
The volume is exploding with 174M traded, but usually, when you see a wick that long at the top of a vertical move, it means the big players are taking exit liquidity.
We’ve left a huge gap below us. If we don't hold the $0.1450 area as new support on the pullback, this could easily slide back down to reality.
The order book is showing 65% buy pressure, but I’m watching for that to shift. I’d rather wait for a consolidation range to form than jump into a vertical line. Stay safe out there.
#ETHMemeCoinFLORKSurges