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Guys, I just saw $COS on the 30-minute chart and my hands are trembling 👀
Check out this volume—price has been climbing with several consecutive 30-minute bullish candles, but each candle's trading volume is less than the previous one, the bodies are getting thinner, and the upper shadows are getting longer. This isn't a sign of a rally; it's a trap set by the manipulator, using the hype to push you up!
I've seen this structure many times: volume quietly decreasing while the price still looks like it's about to break out. The moment guys can't resist chasing the long positions and rush in, that's when the manipulator really starts to let go.
Now, the divergence signal between volume and price on $COS 's 30-minute chart is very clear—during the rally, volume isn't increasing, and the upper shadows below the resistance zone are getting longer with each candle. This is the manipulator making space to unload their holdings 📉
The two signals I’m watching for are:
① The next 30-minute candle closes with decreasing volume and the body can't surpass the high point of this resistance zone
② The price breaks below the recent two or three 30-minute candle lows with a bearish close
When both happen, go short immediately 🥩
Guys, pay close attention to the 30-minute close, don’t just watch how much the price has risen—if volume isn’t increasing during the rally, it’s a trap set by the manipulator looking for new buyers. Don’t be the one to catch the last falling knife! 💰#Gate广场四月发帖挑战