📉 Quick analysis of the chart of $BOB
Breakout at the top? Yes. But it looks like a fake breakout… 👃🔥
If the next candles close below, it is very likely that it was just to hunt stops before seeking lower zones.
Keep an eye on this movement! 👀
🔎 For a more refined analysis and quicker decisions, it's worth observing the smaller time frames.
There you can identify a bearish pivot, or even a bearish engulfing with high volume, which would help confirm this possible fake breakout.
📌 In my opinion, I believe in the fake breakout of this movement.
Avoid wrong entries; for those with little capital, it’s still not the time to buy.
🛑 Note: This is not a buy or sell recommendation.
