From TradingView · · 1m 30s
A -20% drop, or a setup? The STONK case
A trader argues the STONK selloff is a planned retest, not a collapse, with the whole trade mapped out in advance.
In brief
A trader argues the STONK selloff is a planned retest, not a collapse, with the whole trade mapped out in advance. The plan only works if you wait for price to reach $0.213008 and you leave when a 4H candle closes under $0.188008. Originally reported by TradingView.
Panic versus structure
STONK fell 20.5% from its $0.350000 high to $0.278054, and retail is selling. The claim: the chart reads as a normal pullback, not a breakdown.
“The crowd thinks STONKUSDT is dead after a -20.5% pullback”
A low volume pullback
The drop came on thin volume, which the author reads as a corrective move back toward a high timeframe demand zone rather than real selling pressure.
“This isn't a collapse. It is a textbook, low-volume corrective pullback”
The liquidity sweep first
Before the run to $0.350000, price dipped to sweep the $0.150000 swing low and then broke out of range. That sweep is the setup's foundation.
Buy the retest, not the top
Price is falling back into a 4H buying order block at $0.193100 to $0.212082. The thesis is that big money enters on this retest instead of chasing green candles.
“Smart money doesn't chase the green candles at the top”
No unlocks overhead
The author notes there is no public fundraising or token unlock data for STONK, and reads the absence of VC backing as one less source of constant sell pressure.
“This is pure, organic order-flow trading.”
The exact numbers
Entry at $0.213008, stop at $0.188008, targets of $0.261226 and $0.338008. That is a claimed 1:5 reward to risk, and a 4H close below the stop kills it.
“A 4H candle close below $0.188008 invalidates this setup completely.”
The big picture
The plan only works if you wait for price to reach $0.213008 and you leave when a 4H candle closes under $0.188008.
