$KAVA 1.56% liquidity sweep looks like fuel for the next leg lower.
My bias remains bearish: 1H structure is still lower highs/lower lows, while the 15M wick below 0.06281 reclaimed the level as sell-side liquidity was swept. This looks more like continuation than a confirmed reversal.
Entry: 0.0628–0.0661
TP1: 0.06002
TP2: 0.05831
TP3: 0.05678
Stretch: 0.0526
I want a clear rejection from 0.06610–0.06647 supply before entering. A 15M/1H bearish engulfing, lower-timeframe MSS, or rejection pin would strengthen the setup.
Invalidation: 1H close above 0.08235.
Flow: OI $6.4M (-7.4% 24h) | Funding +0.0050% | Taker 0.37x
Educational report only. Not investment advice.$KAVA
#KAVA #Crypto #Binance #Altcoins #Trading
My bias remains bearish: 1H structure is still lower highs/lower lows, while the 15M wick below 0.06281 reclaimed the level as sell-side liquidity was swept. This looks more like continuation than a confirmed reversal.
Entry: 0.0628–0.0661
TP1: 0.06002
TP2: 0.05831
TP3: 0.05678
Stretch: 0.0526
I want a clear rejection from 0.06610–0.06647 supply before entering. A 15M/1H bearish engulfing, lower-timeframe MSS, or rejection pin would strengthen the setup.
Invalidation: 1H close above 0.08235.
Flow: OI $6.4M (-7.4% 24h) | Funding +0.0050% | Taker 0.37x
Educational report only. Not investment advice.$KAVA
#KAVA #Crypto #Binance #Altcoins #Trading