2026-01-08 14:33:38

TA coin this wave of market movement looks suspicious. Dropping from the high of 0.0483, it surged nearly 30% in one day. Sounds impressive, but a close look at the candlestick chart reveals where the problem lies.

All current signals point to the same conclusion — this is just a trap to lure more buyers. First, look at the technical indicators: RSI has fallen from 75 to 73, still in the overbought zone, indicating that although the rally has slowed, the overbought condition hasn't been relieved. This kind of position is usually the last gasp of a strong move. The price is hovering around the 5-day moving average, ready to test downward at any moment, with little support.

The most obvious sign is the divergence between volume and price. Trading volume has exploded to sky-high levels, but the price is sluggishly climbing, which is not a good sign. High volume but lagging price suggests what? Excessive selling pressure, with some traders taking advantage of this rally to dump their holdings aggressively. Early investors and speculators are now in the perfect position to exit.

Looking down from the high of 0.0483, how many resistance levels are there around this area? Breaking through again is not easy. The current price at 0.04574 is in a very awkward position — facing resistance above and support below, stuck in the middle. The label for this kind of movement is — trap to lure more buyers. Retail investors get caught, while the main players escape — a classic scenario.

Don’t follow the trend and chase it; just go short.

TA10,55%

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NFTHoarder

· 01-11 14:18

Here are some distinctive style comments: --- Divergence between price and volume is so obvious, yet no one is running. Truly a once-in-a-lifetime sight. --- RSI is at an extremely high level and you still want to push up? The main force is dumping, can't you see? --- Inducing more buying is fine, but how many dare to short? --- Opening the candlestick chart, oh my, this is a trap. --- Should have run long ago. Those still taking over the position now are probably losing a lot. --- The resistance levels are so dense, yet they push up hard. Do they really think retail investors are that stupid? --- Trading volume exploded but the price didn't move. That's not a good sign. --- It's the same old trick. Those chasing the rally are about to get cut again. --- Looking fierce but actually just an illusion, better to get out early. --- Volume release lagging behind price indicates big problems ahead.

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ForkLibertarian

· 01-11 12:18

Same old trick again, whenever volume-price divergence appears, it's never a good sign. Short? I think we should wait a bit more; this position is easy to get trapped. Although RSI is high, it hasn't fully released yet. Be careful of a reverse dump. The trading volume is so intense that I dare not chase; it's too虚. Getting stuck at this price is really uncomfortable, both up and down are tightly blocked. Main force is distributing, what can retail investors do? We can only hide. It sounds reasonable, but I think we need to see the next few K-lines before making a judgment.

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MevShadowranger

· 01-08 15:03

The divergence between price and volume is so obvious, yet people are still chasing. Truly a gambler's mentality. --- RSI has been overbought for so long and still not dropping. Feels like a big plunge is coming. --- It's the same old trick, the classic manipulation by the big players to shake out weak hands, retail investors end up holding the bag. --- 0.04574 is really an awkward position, stuck on both sides. Should have sold earlier. --- Massive volume with stagnant price, definitely a sign of distribution. I won't touch it. --- Shorting? I'm just holding a zero position and waiting for a death cross. Maybe I'm too cautious. --- This is a classic trap to lure in buyers. I've seen it too many times. Definitely passing. --- So many resistance levels and still pushing upward. Either stupid or a whale's move. --- I'm really surprised—how can anyone dare to buy the dip here? --- Volume explodes but the price can't move up. Clearly someone is fleeing, following them out is the right move.

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FlatTax

· 01-08 15:03

Just hype it up if you want, I've already grown tired of it anyway. This coin is just like that.

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SignatureLiquidator

· 01-08 14:47

Is there still someone chasing after such obvious volume-price divergence? Wake up, everyone.

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DegenDreamer

· 01-08 14:37

The divergence between price and volume is so obvious, the main players have already started to run. RSI is overbought, and you still dare to buy in? Are you out of your mind? Haha, more traps to lure buyers in, same old trick. Retail investors really need to learn how to read candlestick charts. Getting stuck at resistance levels just means they want to harvest the little guys, pretty clear. When something feels off, it's usually the opposite of what it seems. This wave is going to trap everyone. Trading volume is exploding to sky-high levels, yet prices remain weak. Who can't see that? It was about time to short, and it's not too late now.

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