$KOMA 2.2x Volume Spike With a -3.2% Dip — Liquidity Grab or Start of Distribution?
My bias remains bullish. The 2.2x sell-volume spike and sharp 15m drop look more like a local liquidity grab / profit-taking flush than confirmed distribution, especially while the 1h higher-high structure remains intact.
The bigger picture is even stronger: 1h, daily, and weekly structures are aligned bullish. The main risk is BTC, whose structure remains bearish. That makes KOMA a counter-trend alt setup against the benchmark, so I want confirmation before adding risk.
Entry Zone: 0.01786–0.01629
This area combines the prior range and FVG zone. I want to see a bullish pin, bullish engulfing, or lower-timeframe MSS before entering. Taker flow was seller-heavy during the spike, so chasing the move at the highs is not attractive.
Upside Targets:
TP1: 0.01883
TP2: 0.02040
TP3: 0.02400
Risk Management:
Protection should sit beyond the structure flip / last higher low rather than at an arbitrary fixed level.
Invalidation:
A 1h close below 0.014611 would invalidate the bullish thesis and shift the bias bearish.
The key question now: was that volume spike a liquidity sweep before continuation, or the beginning of a deeper correction?$KOMA
#KOMA #CryptoTrading #Altcoins #Binance #Crypto
My bias remains bullish. The 2.2x sell-volume spike and sharp 15m drop look more like a local liquidity grab / profit-taking flush than confirmed distribution, especially while the 1h higher-high structure remains intact.
The bigger picture is even stronger: 1h, daily, and weekly structures are aligned bullish. The main risk is BTC, whose structure remains bearish. That makes KOMA a counter-trend alt setup against the benchmark, so I want confirmation before adding risk.
Entry Zone: 0.01786–0.01629
This area combines the prior range and FVG zone. I want to see a bullish pin, bullish engulfing, or lower-timeframe MSS before entering. Taker flow was seller-heavy during the spike, so chasing the move at the highs is not attractive.
Upside Targets:
TP1: 0.01883
TP2: 0.02040
TP3: 0.02400
Risk Management:
Protection should sit beyond the structure flip / last higher low rather than at an arbitrary fixed level.
Invalidation:
A 1h close below 0.014611 would invalidate the bullish thesis and shift the bias bearish.
The key question now: was that volume spike a liquidity sweep before continuation, or the beginning of a deeper correction?$KOMA
#KOMA #CryptoTrading #Altcoins #Binance #Crypto