They call this a bear trap, but the relative strength index for $BULLA /USDT tells a different story.
$BULLA - long
Trade plan:
Entry: 0.011263 – 0.011587
Stop loss: 0.009099
Target 1: 0.013169
Target 2: 0.014332
Target 3: 0.016076
Why these settings?
Despite the daily downtrend, the 15-minute relative strength index is bullish at 75.08, showing strong momentum in the short term. The 4-hour setup provides a reliable LONG signal at 80%, targeting TP1 at 0.013169. The key is the tight entry area between 0.011263 and 0.011587.
Discussion:
Is this relative strength index strong enough to reverse the daily downtrend for $BULLA ?

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