💀 This is beyond a correction — it's a total wipeout. Down 97% from the highs. What looked like a solid accumulation zone? Crushed. Stop-loss hunters had a feast — anyone still holding got flushed out. Now the price is trapped below the former floor — a channel under the channel, the basement of the market. Below that? A void. A drop into the unknown. Yes, there's a theoretical chance of a complete collapse or even a rug pull — unlikely, but your risk management must account for it. 🧠 But here’s what’s more realistic: This is often the exact kind of setup where a silent reversal brews. Fear at extremes. Liquidity dried up. Everyone gave up. First target — a bounce to the midline of the old accumulation zone. That’s the pressure test.

A key level has been reclaimed, a bullish CH has formed on the chart, and an important zone has also been cleared. Additionally, a trigger line has been broken. On the pullback to the key level, we can look for buy/long setups. Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You