📉 $FIL LIQUIDITY GRAB ABOVE RESISTANCE – SHORT BIAS CONFIRMED BY CMF DIVERGENCE 🦈
Entry: 0.7295 ⚡
Stop Loss: 0.75139 ⚠️
Target 1: 0.71637 🚀
Target 2: 0.70761 🚀
🦈 The recent 0.7295 zone was swept after a liquidity run above the 0.75 area, trapping late longs before an aggressive reversal. Chaikin Money Flow is printing a clean bearish divergence on the 4H – volume flowing out while price printed a marginal higher high. 💡 This is textbook Smart Money distribution: 0.2M in sell-side absorption at the top, now shifting supply.
📊 The structure favors a retest of the demand zone below 0.72 and potentially the 0.707 liquidity pool. The risk-to-reward on Target 1 alone sits above 1:2, with an efficient stop placement above the recent swing high. 💬 Are you waiting for confirmation at the order block or entering on the current breakdown retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FIL #ShortSetup #Distribution #Crypto #TechnicalAnalysis
🔴 🦈
Entry: 0.7295 ⚡
Stop Loss: 0.75139 ⚠️
Target 1: 0.71637 🚀
Target 2: 0.70761 🚀
🦈 The recent 0.7295 zone was swept after a liquidity run above the 0.75 area, trapping late longs before an aggressive reversal. Chaikin Money Flow is printing a clean bearish divergence on the 4H – volume flowing out while price printed a marginal higher high. 💡 This is textbook Smart Money distribution: 0.2M in sell-side absorption at the top, now shifting supply.
📊 The structure favors a retest of the demand zone below 0.72 and potentially the 0.707 liquidity pool. The risk-to-reward on Target 1 alone sits above 1:2, with an efficient stop placement above the recent swing high. 💬 Are you waiting for confirmation at the order block or entering on the current breakdown retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #FIL #ShortSetup #Distribution #Crypto #TechnicalAnalysis
🔴 🦈