🪤🪤 Bull Trap 🪤🪤
We often see some assets grow exponentially for no apparent reason; most of the time, these are projects that have been dormant or linear for quite some time.
They may seem like great opportunities, and in a low percentage, they "could" be if it's a project you were involved in or if you detected it at the beginning of its growth. But it is not designed for you to win.
Whenever a dormant chart rises, the sensible thing to do is to seek all possible information, and see what makes it truly appealing; if not, my recommendation is not to enter because you could see your trade liquidated or get stuck there until the end of days.
Knowledge is the most valuable asset 🍀