📡
$DATA Pumps Then Dumps — Real Move or Bull Trap?
Streamr (
$DATA ) shot up like a rocket, hitting $0.020, but crashed right back to $0.01595. Huge volume, but that rejection wick is a big red flag.
⏱ 4H Chart
📈 +4.32% Daily Change
⚠️ Wick City – strong spike, sharp drop
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🚀 Breakout or Fakeout? Here’s the Breakdown
🔼 Jumped above key MAs
🔻 Got slammed down just as fast
❗ MA7 now above price = risk of bearish cross
Current MA Levels:
MA7: $0.0163 – price under = not great
MA25: $0.0141 – potential retest area
MA99: $0.0134 – back above, but fragile
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🎯 Key Levels to Watch:
Resistance:
$0.0175 – must reclaim for bullish case
$0.0200 – wick top, breakout zone
Support:
$0.0148 – wick base (short-term line)
$0.0133 – long-term MA support
$0.0125 – danger zone (bulls out)
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🧠 Smart Strategy Right Now:
🟢 Already long? Set tight stop below $0.0148
⏳ Thinking of entering? Wait for a confirmed move over $0.017
⚠️ Don’t chase wick highs — that’s how traders get trapped
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🧨 Final Take: Looks Hot, Feels Risky
This spike had power, but rejection was brutal. Could be a liquidity trap unless bulls fight back above $0.017 fast. Be cautious — and let the chart prove itself.
always DYOR
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