$M 🚨Bloodbath or Biggest Trap? 👀
🔻 Down ~68% in 24 hours
The panic selling is obvious, but price is now trying to stabilize above the $0.85–0.90 zone.
📊 Trade Setup (High Risk):
* Entry: $0.86–0.90
* Stop Loss: $0.78
* TP1: $1.05 (+18%)
* TP2: $1.25 (+40%)
* TP3: $1.50 (+68%)
⚠️ Probability
* ✅ Short-term relief bounce: 70%
* ❌ New low before recovery: 30%
💡 Key Note:
Don’t chase green candles after a 68% crash. Wait for confirmation above $0.90 or a retest holding $0.85. If volume fades, the bounce can fail quickly.
Comment below:
🔥 BOUNCE or 💀 DEAD CAT?
🔻 Down ~68% in 24 hours
The panic selling is obvious, but price is now trying to stabilize above the $0.85–0.90 zone.
📊 Trade Setup (High Risk):
* Entry: $0.86–0.90
* Stop Loss: $0.78
* TP1: $1.05 (+18%)
* TP2: $1.25 (+40%)
* TP3: $1.50 (+68%)
⚠️ Probability
* ✅ Short-term relief bounce: 70%
* ❌ New low before recovery: 30%
💡 Key Note:
Don’t chase green candles after a 68% crash. Wait for confirmation above $0.90 or a retest holding $0.85. If volume fades, the bounce can fail quickly.
Comment below:
🔥 BOUNCE or 💀 DEAD CAT?