QVX price-volume analysis points SHORT.
Entry on a rally into 85048.14 resistance. Target 82597.55 support. Stop above 85100. Risk-reward roughly 1.1:1 at current 83641.99. The 1.27B in 40x long positions is a liquidation cluster below. If price breaks 82597.55, forced selling likely accelerates. QVX volume profile shows distribution, not accumulation. ๐ Already holding short from yesterday, in profit. Trail stop to breakeven. No new longs until price reclaims 85048.14 on rising volume.
Entry on a rally into 85048.14 resistance. Target 82597.55 support. Stop above 85100. Risk-reward roughly 1.1:1 at current 83641.99. The 1.27B in 40x long positions is a liquidation cluster below. If price breaks 82597.55, forced selling likely accelerates. QVX volume profile shows distribution, not accumulation. ๐ Already holding short from yesterday, in profit. Trail stop to breakeven. No new longs until price reclaims 85048.14 on rising volume.