๐จ Bull Trap Detected? Price Tapped $0.3200 โ But Somethingโs Off! ๐ง ๐ณ
The price just spiked up to $0.3200, triggering FOMO across the board.
But nowโฆ itโs pulling back to $0.3168 ๐
Are we witnessing the setup for a perfect whale-driven bull trap?
๐ Current Market Snapshot:
High: $0.3200 โ possible fake breakout ๐ฉ
Now: $0.3168 โ showing early signs of weakness
RSI: Was at 79.78 โ Clearly overbought zone
Volume: Spike during breakout, but follow-through lacking
โ ๏ธ What Might Be Happening:
Whales pumped the price to trigger long entries above resistance.
Now pulling back โ long traders are getting nervous.
If the next hourly candle closes below $0.3120, this confirms a bull trap.
Bearish pressure could push price to $0.3020 โ $0.2950 next.
๐ Bear Trap Confirmations:
RSI falls below 70
Candle closes below 7MA
Volume increases on red candles
Support fails to hold near $0.3120
๐ฃ My Advice:
Stay alert. This isnโt just about green candles.
This is psychological warfare between retail traders and whales.
Be smarter. Wait for confirmation. Trap the trapper.
๐ฆ @DIZANEX
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