Watch out for fake pump signals hitting the market soon. These so-called "fugazi candles"—those misleading price bounces that look bullish on the surface—are classic setup patterns traders need to recognize. They spike briefly, trap retail buyers with FOMO, then collapse just as fast. The key is spotting the difference between genuine momentum and these deceptive wicks. Pay attention to volume confirmation, support levels, and whether major buyers are actually stepping in or if it's just algorithmic noise. Smart money knows the playbook. Don't get caught holding the bag when these traps inevitably snap back.
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AirdropHunter007
· 12-16 17:02
Another wave of rug pulls, I knew those "false breakouts" have been so suspicious lately.
Watch out for fake pump signals hitting the market soon. These so-called "fugazi candles"—those misleading price bounces that look bullish on the surface—are classic setup patterns traders need to recognize. They spike briefly, trap retail buyers with FOMO, then collapse just as fast. The key is spotting the difference between genuine momentum and these deceptive wicks. Pay attention to volume confirmation, support levels, and whether major buyers are actually stepping in or if it's just algorithmic noise. Smart money knows the playbook. Don't get caught holding the bag when these traps inevitably snap back.