💥 The Triple Top Trap – How Smart Traders Spot the Reversal Before Everyone Else 💥

Ever wondered why a coin pumps hard, touches the same level again and again… but just can’t break through? That’s usually the Triple Top Pattern in action – and trust me, it’s one of the sneakiest traps for retail traders. Let me explain it in a simple, talkative way 👇

🔼 Step 1: The Uptrend

Price rockets up, everyone is hyped, FOMO is high. Then it hits a wall – resistance. That’s your first top.

🔼 Step 2: Second Attempt

Bulls regroup and push again. Traders think, “This time it’s gonna break!” … Nope. Rejected again. That’s the second top.

🔼 Step 3: Final Try

Buyers take one last swing. Everyone on Twitter is screaming “breakout coming!” … but the market says NO. That’s the third top.

📉 What Happens Next?

The market consolidates a bit, then breaks down below the support (called the neckline). This is where panic selling starts. Sometimes, price even comes back for a retest of that broken support before really diving. From there → the downtrend begins.

🎯 How Traders Play It

Entry: After the breakdown, or safer → after the retest.

Stop Loss: Just above the third top (because if it breaks that, the pattern failed).

Target: Measure the height of the triple top box and project it down – that’s your profit zone.

The Triple Top is all about psychology: bulls are exhausted, sellers are patient, and once support gives way → trapped buyers rush to exit, fueling the drop.

👉 So next time you see a coin struggling at the same resistance three times in a row, don’t FOMO. Step back, smile, and prepare for the reversal. That’s how smart traders stay one step ahead 😉

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