#scamriskwarning How to Spot Fakeouts in Crypto Markets 🚨

The crypto market loves to play tricks—fakeouts are common and can cost you if you’re not careful. Here’s how to spot them before they catch you off guard:

🔹 1. False Breakouts Above Resistance 🔼

✅ Price breaks above resistance, but volume is low.

✅ Fakeout signal: Price quickly returns below resistance, trapping buyers.

🔹 2. Weak Support Failures 🔽

✅ Price briefly dips below support but bounces back quickly.

✅ Fakeout signal: A fast recovery shows that support held strong.

🔹 3. Divergence with RSI or MACD 📉

✅ Price makes a new high, but RSI or MACD fails to follow.

✅ Divergence = possible reversal or fakeout!

🔹 4. Rapid Price Moves Without News 💥

✅ Big price movement happens without any major news or data.

✅ Fakeout signal: Often caused by stop-loss hunts or whale manipulation.

📊 My Take: Recognizing fakeouts helps you avoid getting caught in false moves. Always check volume and confirm with indicators!

Have you ever fallen victim to a fakeout? Share your experience below! 👇

#CryptoTrading #Fakeout #BinanceSquareFamily #MarketAnalysis