$BABY
$BABY – Strong Rejection at the Top, Short Setup in Play
Price: $0.07943 (+5.85%)
The price of $BABY tried to break above the $0.00009 level but got pushed back hard. It formed two long upper wicks, showing strong selling pressure. After moving sideways for a bit, the sellers stepped in again and pushed the price below a key support level.
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Why This Matters:
This kind of price action suggests a bull trap, where buyers get caught expecting a breakout. But instead, the price made a lower high and then dropped, showing that momentum has shifted to the downside.
