2026-01-04 17:25:01

This wave of market activity looks interesting. The price peaked at 0.03069 and then started to loosen, but the selling pressure is not aggressive at all, which indeed looks like the market makers are digging a trap. Combined with the performance of the capital flow, there is a strong smell of a trap.

On the technical side, the support from the 4-hour and 1-hour moving averages is still intact, and there is no obvious death cross on the MACD. You can vaguely feel the energy of a rebound brewing. This is indeed a good timing.

If you enter a long position now, set the stop loss below 0.025 to give some room to handle extreme situations. The initial target is 0.030, which was a previous resistance level. If it can break through that, then look towards 0.032. The most aggressive rebound after a trap is usually the strongest, and this time both volume and technical signals are resonating. This opportunity is worth taking.

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BlockchainRetirementHome

· 17h ago

The bear trap smell is so strong, and you're still not getting on board? I've already accumulated 0.028, just waiting to flip and hit back.

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ponzi_poet

· 18h ago

The detail of the sell orders not being aggressive is well captured, it really feels like digging a trap.

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BearMarketSunriser

· 01-07 06:02

This trick of trapping shorts has long bored me, but this time the selling pressure isn't too fierce, it's somewhat interesting.

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AirdropworkerZhang

· 01-04 17:51

Haha, the sell orders are so weak, it's quite interesting. It feels like a shakeout. It's indeed easy to crash after a trap, but if you're scared, just stay cautious. Let's wait and see if it can break 0.03; if not, we'll continue to observe. During these times, the most brutal being trapped often happens.

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ApeWithNoChain

· 01-04 17:42

The trap setting tactic is old-fashioned, but this time the selling pressure is indeed weak, which is somewhat interesting. I've heard the phrase "trap the short and then reverse strongly" too many times, alright, I still have to agree. A stop loss below 0.025 is too loose, it needs to be tighter before I dare to play. As long as the moving average support is still there, you want to be more optimistic? I see the MACD is a bit weak. Is rebound energy brewing? Okay, then let's wait until it breaks 0.030. This time is different? Every time it's said to be different. I can't quite see the resonance in trading volume, 0.032 is too greedy. Weak selling pressure ≠ good opportunity, it might just be that no one is willing to buy.

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NoStopLossNut

· 01-04 17:33

The sell orders are so weak, they must be brewing something.

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