-66.17%
That is a single-day decline. Not a wick — a full-body collapse. But the chart is now holding just above its absolute 24h low, and the volume profile suggests the heaviest liquidity has already been traded through.
The Trade
Entry $0.00184620
SL $0.00199390
TP $0.00155081
Leverage: Max 5x
2.0:1 R:R
A sell-limit into what should now be resistance — the prior support zone that shattered. The 4H RSI is buried at 12.89. Oversold can stay oversold. An unfilled bearish Fair Value Gap sits overhead at $0.00445000–$0.00479000, likely capping any bounce. Funding is flat, open interest drained. The Long/Short ratio is 1.26 — fuel for more downside if stops trigger. Setup invalid if price closes past $0.00199390.
Tap $NFP to check the levels.
The path of least resistance remains lower until a structural level is reclaimed. Short bias holds.
Follow me — I'll post a follow-up read the moment this level breaks or confirms, so you catch the update.
LONG or SHORT $NFP here? 👇
⚠️ Not financial advice. DYOR.
#NFP #Crypto #Altcoins #BinanceSquare
That is a single-day decline. Not a wick — a full-body collapse. But the chart is now holding just above its absolute 24h low, and the volume profile suggests the heaviest liquidity has already been traded through.
The Trade
Entry $0.00184620
SL $0.00199390
TP $0.00155081
Leverage: Max 5x
2.0:1 R:R
A sell-limit into what should now be resistance — the prior support zone that shattered. The 4H RSI is buried at 12.89. Oversold can stay oversold. An unfilled bearish Fair Value Gap sits overhead at $0.00445000–$0.00479000, likely capping any bounce. Funding is flat, open interest drained. The Long/Short ratio is 1.26 — fuel for more downside if stops trigger. Setup invalid if price closes past $0.00199390.
Tap $NFP to check the levels.
The path of least resistance remains lower until a structural level is reclaimed. Short bias holds.
Follow me — I'll post a follow-up read the moment this level breaks or confirms, so you catch the update.
LONG or SHORT $NFP here? 👇
⚠️ Not financial advice. DYOR.
#NFP #Crypto #Altcoins #BinanceSquare