📌 What is the Bear Trap and the Bull Trap?$BTC
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Bear Trap – Bear Trap
It is a false downward break of an important support level, giving the impression that the price will continue to drop, so traders enter short positions…
Then they are surprised by the price rebounding and rising strongly.
Result: sellers are trapped in losing positions.
Bull Trap – Bull Trap
It is a false upward breakout of an important resistance level, suggesting that the price will continue to rise, so traders enter long positions…
Then the price reverses and drops quickly.
Result: buyers are trapped at the peak.
How to avoid traps?
• Do not enter on the first break or breakout
• Wait for confirmation (candle close + retest)
• Monitor trading volume
#HYPEUSDT #ETHUSDT • Do not neglect the stop loss
