📊 $THE Technical Analysis & Setup
Buyers are stepping in with strong volume, forcing a 1h hold on this counter-trend bounce. Despite higher timeframe bearish pressure, the current buy-side taker tilt suggests a potential liquidity squeeze toward upper targets.
• Key Support / Demand: 0.0385, 0.0396 entry zone, with absolute swing liquidity at 0.0379
• Resistance / Supply Targets: 0.0401, 0.0420, and 0.0443
• Trigger / Confirmation: Clean hold above 0.0379 swing liquidity followed by a 1h close through 0.0401
• Risk / Invalidation: A daily or 1h close below 0.0360 flips the bias bearish and invalidates the long setup
• Market Execution: Monitor order book depth and volume continuation before scaling into positions
DYOR — Educational setup, not financial advice. Strict risk management is essential given the broader macro trend.
#BinanceSquare #Crypto #THE #Trading
$NOT
Buyers are stepping in with strong volume, forcing a 1h hold on this counter-trend bounce. Despite higher timeframe bearish pressure, the current buy-side taker tilt suggests a potential liquidity squeeze toward upper targets.
• Key Support / Demand: 0.0385, 0.0396 entry zone, with absolute swing liquidity at 0.0379
• Resistance / Supply Targets: 0.0401, 0.0420, and 0.0443
• Trigger / Confirmation: Clean hold above 0.0379 swing liquidity followed by a 1h close through 0.0401
• Risk / Invalidation: A daily or 1h close below 0.0360 flips the bias bearish and invalidates the long setup
• Market Execution: Monitor order book depth and volume continuation before scaling into positions
DYOR — Educational setup, not financial advice. Strict risk management is essential given the broader macro trend.
#BinanceSquare #Crypto #THE #Trading
$NOT
