$ALT USDT ā BULL TRAP CONFIRMED! BEARS TAKE CONTROL
š» SHARP REJECTION FROM $0.03755
š» VOLUME SURGE FOLLOWED BY DUMP
$ALT pumped into resistance at $0.0375 but quickly reversed, forming a long upper wick and two strong bearish candles. Sellers stepped in hard, dragging price back below $0.0351. Volume spiked ā but momentum failed to hold, signaling a classic bull trap.
TRADE SETUP ā SHORT POSITION
Entry: $0.0350
Target 1: $0.0335
Target 2: $0.0325
Stop Loss: $0.0362
The rejection near the highs and the inability to hold gains point to a likely continuation to the downside. Any bounce may offer a better re-entry short.
ā ļø Watch $0.0342 ā a breakdown here could accelerate selling.
#ALTUSDT #BearishSignal #CryptoTrading #Altcoins #BinanceFutures