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This washout tactic is dirty enough. AMAT/USDT whales are dumping with big money, the candlestick anomaly directly creates a deep V-shape. The market maker is accumulating, and all the retail traders have been shaken out. Damn it, that's ruthless.
From a capital flow perspective, volume at the bottom is clearly surging, all indicators are in the oversold zone. Entering near 601.2 is a no-brainer catch. Either the whales will short-squeeze the bears, or they'll keep washing out. I'm betting on the former.
Level suggestions: Light long at 601.2, stop loss at 590, target 620+. Don't thank me, just watch your own stop loss.
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