0.5336 High Point Bearish Knife! Surprising Trap with a Surge of 8.7%!
Have you all seen the 8.7% plunge of HYPER? After a period of horizontal consolidation pretending to be dead, it suddenly surged high to lure in buyers, followed immediately by a big bearish candle smashing through the psychological level of 0.5000, a classic retail investor slaughtering tactic!
RSI three lines are completely overbought! Especially RSI3 reaching 75.37—this kind of signal has appeared in the last three months, and the probability of a crash the next day exceeds 80%!
KDJ shows a shocking death cross: J value at 68.82 sharply stepping on D value at 82.91, the signs of the main force unloading are clearer than surveillance footage!
The divergence between volume and price is the most severe; when it hit the high of 0.5336, the volume couldn't even touch the moving average line—isn't this the legendary "false breakout, real entrapment"?
The lower Bollinger Band at -0.1065 is bottomless, MACD bar 0.0730 shows a three-consecutive bearish volume reduction, and KDJ death cross expands to a 14-point difference; to put it simply, this is free fall before a crash!
And for those shouting to buy the dip, open your eyes and take a look at the chip distribution chart! There are tons of trapped positions piled up above 0.5200, and the main force is pulling the price up just to attract the next buyer!
Trapped? When to buy the dip? As always, if you are confused and helpless and don't know what to do, just follow me; guessing randomly is not as good as following me!
