$RTX โ โFake Pump โ Distribution โ Slow Dumpโ
#RTX showed a sharp spike up to around 2.10, which looks unnatural.
Right after that, a strong rejection came with a big red candle.
Now the price is sitting weakly around 1.45โ1.50.
Story:
This looks like a classic pump-and-dump. Big players pumped the price, attracted buyers, and then exited. Now the market is slowly losing strength.
Current Signal:
Trend: Bearish
Lower highs forming
Volume dropped after the spike
Profit Angle:
A small bounce can happen, but overall itโs risky unless a strong breakout appears.
Right now, the market is behaving like this:
Prices were pumped to attract tradersโฆ then dumpedโฆ and now moving sideways or down to confuse everyone.
Smart money already took profit
Retail traders are stuck
Market is in a trap phase
#RTX_Alpha #Bearish #Stragety $RTX