$T 📊
$T just saw 307.2x buying volume, real demand or trap?
- With this rare volume event and sweep of the most recent swing low, this looks like strong accumulation by smart money—followed by a rapid move up. I expect further upside as long as price holds above the 0.00339–0.00346 support zone.
- You should watch for price to retest these supports. If a bullish reversal or continuation pattern forms there, a long trade could have a high probability, targeting first 0.00350, then 0.00353–0.00355.
- If price falls below 0.00337 and especially below 0.00331, the bullish scenario would be invalidated, and I’d re-evaluate for possible manipulation and reversal.
- For entry: Wait for a pullback into support (ideally 0.00341–0.00346) with bullish confirmation. Example: Hammer or bullish engulfing candle, or lower timeframe breakout back above 0.00346 after a dip.
- Take profits at 0.00350 and 0.00353–0.00355, adjusting stop to break even after first target hit.
- If price breaks and closes above 0.00355 with volume, next leg up could be triggered—look for continuation setups.
📝 This is not investment advice, just an educational report. Always use confirmation and manage your risk carefully!
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