$TAIKO I'm looking for a long setup here. The HTF (4H/Daily) shows a brutal downtrend, but the tide is shifting. Price is coiling below the 200 EMA but above recent lows, forming a potential bear trap. Key EMAs (50, 100, 200) are still overhead, but momentum is waning. RSI on the 4H is holding above 30, not making new lows with price—a classic bullish divergence. 📈

Why retail is trapped: The crowd is blindly shorting the -20% dump, chasing the breakdown. But look closer: funding rates are deeply negative (-1.1% recently), setting up a vicious short squeeze. The market is primed to liquidate late sellers.

My Execution (LTF 15m/1h): I'm buying this dip into support confluence (0.1830 - 0.1860). I want confirmation: a 1H close above the local EMA cluster and rising volume.

Trade Plan:

• Entry Zone: 0.1835 - 0.1865

• Stop Loss: 0.1799 (below the recent swing low & liquidity pool)

• TP1: 0.1950 | TP2: 0.2050 | TP3: 0.2150 (200 EMA)

• R:R: 1:4+ 💣

• Invalidation: A sustained break below 0.1790. That would negate the divergence and resume the HTF downtrend.

This is a counter-trend reversal play. Risk is defined, and the squeeze potential is high.#USIranStandoff #StrategyBTCPurchase #FedWatch #TSLALinkedPerpsOnBinance