📡 $DATA Pumps Then Dumps — Real Move or Bull Trap?

Streamr ($DATA ) shot up like a rocket, hitting $0.020, but crashed right back to $0.01595. Huge volume, but that rejection wick is a big red flag.

⏱ 4H Chart

📈 +4.32% Daily Change

⚠️ Wick City – strong spike, sharp drop

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🚀 Breakout or Fakeout? Here’s the Breakdown

🔼 Jumped above key MAs

🔻 Got slammed down just as fast

❗ MA7 now above price = risk of bearish cross

Current MA Levels:

MA7: $0.0163 – price under = not great

MA25: $0.0141 – potential retest area

MA99: $0.0134 – back above, but fragile

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🎯 Key Levels to Watch:

Resistance:

$0.0175 – must reclaim for bullish case

$0.0200 – wick top, breakout zone

Support:

$0.0148 – wick base (short-term line)

$0.0133 – long-term MA support

$0.0125 – danger zone (bulls out)

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🧠 Smart Strategy Right Now:

🟢 Already long? Set tight stop below $0.0148

⏳ Thinking of entering? Wait for a confirmed move over $0.017

⚠️ Don’t chase wick highs — that’s how traders get trapped

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🧨 Final Take: Looks Hot, Feels Risky

This spike had power, but rejection was brutal. Could be a liquidity trap unless bulls fight back above $0.017 fast. Be cautious — and let the chart prove itself.

always DYOR

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#DATA #Altcoins #CryptoTrading #BreakoutWatch #MemeCoinMoves