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$TA 's wick was brutal: it swept down to 0.0830 and then snapped right back to 0.0975, with bloodied positions all across that 16-point swing. The market maker's playbook is all too familiar: first, put up fake walls to suppress the price and create panic; then, when liquidity was thinnest in the early hours, slam it through the 0.0850 stop-loss cluster with one large order. On-chain data shows nearly $4 million in long positions were liquidated in those ten minutes, before they flipped and placed three layers of iceberg orders in the 0.0845-0.0860 range to scoop up tokens. With 24h trading volume at 32.6M alongside that swing, turnover clearly surged, but the price closed at 0.0975, near the intraday high of 0.0981, showing that selling pressure has been fully absorbed.


The bullish case is rock-solid: First, the wick low of 0.0830 landed right at the upper edge of the previous chip-concentration zone; the market maker won't easily let the price fall below its cost basis. Second, rebound volume was 1.7 times the volume on the way down, a classic accumulation-then-rally pattern. Third, the intraday high of 0.0981 was only 6 points away from a breakout; the test-the-waters intent is obvious, and the stop-loss orders around the 0.1000 round-number level above are the next prey.
Don't chase the price. Wait for a pullback to 0.0940-0.0950 and enter in batches, keeping your position below 30%, with a stop-loss below 0.0890—if it breaks below that level, it means the market maker has given up defending the price, so admit the mistake and get out. First take-profit at 0.1080, second target at 0.1150, with a risk-reward ratio close to 1:3. If it breaks above 0.0985 on a surge in volume, you can chase with a small position, but the stop-loss must be moved up to 0.0950.
I flagged unusual activity in TA to my group last week, and those who followed have already banked half their profits on this move. If you haven't followed me yet, hit follow— I catch signals like this wick-and-scoop at least twice a week. The chart doesn't lie. #每周来晒 #Gate广场中秋团圆局
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TATA+10.43%


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