๐จ Bull Trap on BASED/USDT: Everyone's Chasing the Buy.. But We're Hunting the Top! ๐๐ฅ
While traders chase the emotional rush, smart money is carefully watching the trap set at the local resistance of $0.070267. The current structure shows clear signs of rejection and a decline in momentum, paving the way for a swift and surprise drop towards the lower targets! โก
๐ Trade Type: SHORT
โ๏ธ Technical Outlook: Confirmed local downtrend at 55%. The RSI is neutral leaning negative, and the narrow ATR range indicates an imminent bearish price explosion to soak up liquidity.
๐ต Entry Zones: $0.07007 - $0.07046
๐ฏ Targets (Take Profit):
TP1: $0.06885 ๐ฐ
TP2: $0.06790 ๐
TP3: $0.06649 ๐
๐ก๏ธ Stop Loss (SL): $0.07215 (Close of candle above reversal levels)
๐ฌ Discussion:
If the price retests $0.07026, will you risk entering directly or wait for a break confirmation? Share your thoughts in the comments! ๐
Click here to trade ๐
$BASED
While traders chase the emotional rush, smart money is carefully watching the trap set at the local resistance of $0.070267. The current structure shows clear signs of rejection and a decline in momentum, paving the way for a swift and surprise drop towards the lower targets! โก
๐ Trade Type: SHORT
โ๏ธ Technical Outlook: Confirmed local downtrend at 55%. The RSI is neutral leaning negative, and the narrow ATR range indicates an imminent bearish price explosion to soak up liquidity.
๐ต Entry Zones: $0.07007 - $0.07046
๐ฏ Targets (Take Profit):
TP1: $0.06885 ๐ฐ
TP2: $0.06790 ๐
TP3: $0.06649 ๐
๐ก๏ธ Stop Loss (SL): $0.07215 (Close of candle above reversal levels)
๐ฌ Discussion:
If the price retests $0.07026, will you risk entering directly or wait for a break confirmation? Share your thoughts in the comments! ๐
Click here to trade ๐
$BASED