$MELANIA 📉 Is This a Liquidity Trap? 👀

Entry: 0.1120 – 0.1185

TP1: 0.1065

TP2: 0.1015

SL: 0.1260

That recent pump to 0.114–0.115 on $MELANIA? Smells like a classic liquidity grab. 🚨 Fast move, fueled by FOMO, right after a choppy range… textbook setup for a reversal. Price hit a wall at 0.1149, leaving clear rejection wicks. Bulls couldn’t even recover – now it’s compressing *under* resistance.

Below 0.115, sellers are in charge. Sentiment is getting dangerously euphoric – often a sign of a local top. Any bounce towards resistance should be viewed as a selling opportunity unless we see a *convincing* break above 0.116 with volume.

Trade the structure, stay disciplined. 🐻

#CryptoTrading #ShortSetup #BinanceSquare #FOMO 📉

MELANIAUSDT

Prep

0.1088

+10.45%