Just looked at the $ELIZAOS chart and this move caught my attention.

Price just printed a massive bullish candle (+50% move) with strong volume coming in after a long downtrend.

This is the kind of move that usually signals either a reversal… or a trap.

Here’s how I’m reading it:

📊 What I’m seeing:

• Clear bottom formed around 0.00065
• Sudden volume spike → buyers stepping in aggressively
• Price pushed straight into resistance near 0.00105–0.00115

Now the important part is what happens next.

📈 Bullish scenario:
If $ELIZAOS holds above 0.00090, we could see continuation toward 0.00120+

📉 Bearish scenario:
If price loses momentum and drops back below 0.00085, this could turn into a fake breakout / liquidity grab

💡 My mindset:

I’m not chasing this pump.

I’m watching for:
✔ Pullback + support hold → possible entry
✔ Break + consolidation → safer momentum trade

These types of explosive candles usually create opportunities on the retest, not at the top.

👀 What do you think:

Is $ELIZAOS starting a real reversal…
or is this just a short-term spike before another drop?
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