$DATA /USDT – High-Volume Breakout & Rejection Mix on 4H Chart 📡⚠️

📊 Current Price: $0.01595

⏰ Timeframe: 4H

🚀 Change: +4.32%

📉 Volatility: INSANE wick up to $0.020+ then slam back

⚙️ Technical Breakdown:

Streamr (DATA) just delivered a massive spike, punching through previous resistance like a rocket — only to slam back down just as hard. The move had momentum, but the rejection wick is not to be ignored.

MA7: $0.0163 → currently above price (bearish cross risk)

MA25: $0.0141 → could serve as retest zone

MA99: $0.0134 → reclaimed for now, but shaky

⚔️ Battle of Bulls vs. Sellers:

Bullish: Sharp breakout through multiple MAs with volume

Bearish: Strong upper wick shows liquidity grab / trap setup

Momentum was not sustained, pointing to possible fakeout unless price reclaims $0.0170+

🎯 Key Levels:
Resistance:

$0.0175 – reclaim here = renewed bullish case

$0.0200 – breakout candle high, clear bull target

Support:

$0.0148 – wick base

$0.0133 – 99MA long-term support

$0.0125 – invalidation zone (death for bulls)

🧠 Strategic Take:

🔍 Wait for confirmation: This isn’t a clean breakout, it’s a bull trap until proven otherwise

🎣 If long: set tight stop under $0.0148 and pray for continuation

🧱 If looking to enter: don’t chase wicks — look for a retest or consolidation above $0.017

🧨 Summary:

This spike looks juicy but smells a bit like a liquidity raid. If bulls can’t reclaim $0.017 quickly, this could unwind fast. Watch volume and price reaction around the short-term MAs — especially the 25 and 99 MA.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!