$TIA is crashing like crazyyy ‼️ $TIA Just pulled the classic breakout trap… and I think the late buyers could be in trouble here. 👀
Look at that candle. Price ripped above the range, wicked higher, and squeezed the shorts hard. For a moment, it looked like $TIA was ready to break out.
But then it failed to hold the move.
Now think about everyone who bought that spike, expecting another leg up. If price starts rolling over, those late longs could become the next source of selling pressure.
The shorts already got punished on the way up. Maybe it’s the buyers’ turn to feel the pain. 😂
I’m opening a BIG SHORT on TIA here.
TP: $0.59
SL: $0.69
That $0.59–$0.60 zone is where I expect price to hunt for liquidity next.
Let’s see if this breakout turns into a trap. 👇🏻
Look at that candle. Price ripped above the range, wicked higher, and squeezed the shorts hard. For a moment, it looked like $TIA was ready to break out.
But then it failed to hold the move.
Now think about everyone who bought that spike, expecting another leg up. If price starts rolling over, those late longs could become the next source of selling pressure.
The shorts already got punished on the way up. Maybe it’s the buyers’ turn to feel the pain. 😂
I’m opening a BIG SHORT on TIA here.
TP: $0.59
SL: $0.69
That $0.59–$0.60 zone is where I expect price to hunt for liquidity next.
Let’s see if this breakout turns into a trap. 👇🏻