While retail panic-sells the local dip to look for safety, institutional algorithms are quietly setting up the ultimate bear trap right at the psychological support.


$BANANAS31 - LONG
Trade Plan:
Entry: 0.010250 - 0.010350
SL: 0.009855
TP1: 0.010850
TP2: 0.011660
TP3: 0.012720
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 48.55 (room to run). ATR 1h is 0.000145—tight squeeze priming for a breakout. Entry zone: 0.010250 - 0.010350. First target 0.010850.
Debate:
Are we looking at a textbook double-bottom reversal off the 0.010000 floor, or will the bears force a capitulation wick below the support?
$BANANAS31
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned