🚀 $RECALL /USDT – Breakout or Bull Trap?
$RECALL just woke up with a strong 4H impulse, pushing back above key EMAs after a clean higher-low structure. Momentum is hot… but RSI is already overheated. Is this continuation — or a liquidity grab before a pullback?
📊 Trade Setup (4H)
Bias: Short-term Pullback / Scalp Short
Entry: 0.0565 – 0.0585
TP1: 0.0535
TP2: 0.0510
TP3: 0.0480
SL: 0.0615
Reasoning:
Price just tapped near previous 4H rejection zone (~0.0656 high earlier structure) and RSI(6) is above 85 — heavily overbought. While EMA(7/25) are curling bullish, RSI divergence risk is high and price is extended from short-term mean.
Most likely scenario: small pullback toward EMA25/EMA99 zone before next real decision.
If 0.061–0.062 breaks clean with volume, shorts are invalidated and continuation toward 0.065+ becomes likely.
Trade $RECALL here 👇
