some tips for that new traders #TipsNeeded #Follow_Like_Comment
1. Bull Trap
Definition: A false breakout above resistance that makes traders believe the price will rise, but it reverses down shortly after.$SUI
Purpose: Traps long (buy) traders.
2. Bear Trap
Definition: A false breakdown below support that makes traders think the price will fall, but it reverses upward.
Purpose: Traps short (sell) traders.$ADA
3. Liquidity Trap
Definition: Price moves to areas where many stop-losses are placed, triggering them to grab liquidity before reversing.
Often seen: Around key support/resistance zones.
4. Breakout Trap (Fakeout)
Definition: A sudden breakout followed by a quick reversal, often used to catch breakout traders off guard.$TON
5. Pump and Dump Trap
Definition: Artificially inflating a coin's price (often with hype) then dumping it for profit, leaving late buyers in losses.
6. Reversal Trap
Definition: Price shows reversal signals (e.g., candlestick patterns) but continues in the original trend after trapping reversal traders.
7. News Trap
Definition: Sharp price movements caused by fake or misinterpreted news that lead traders to enter positions impulsively$