đš$BTC just faked out traders HARDđ
Did you get caught in that wick?đ±
What youâre seeing here is a classic liquidity grab above resistance followed by a sharp sell-off.
đ Breakdown:
Price ranged below 98K resistance
Liquidity was taken above the range (stop hunts on late longs)
Immediate strong rejection
Breakdown below 94K key support
High-volume bearish candle = distribution confirmed
đ What this tells us:
Smart money likely used the upside move to exit longs / enter shorts
Retail longs trapped above resistance
Momentum shifted bearish after loss of structure
đ§ Key Levels to Watch:
Resistance: 94K â 95K (possible retest zone)
Support: 92K â 90K
Below 90K = increased downside probability
â ïž Trading Insight:
Chasing breakouts near resistance = high risk
Wait for confirmation + structure, not emotion
Liquidity always comes before the real move
đ Trade smart. Protect capital. Let price confirm.
