$PLAY Down #Alert🔴
After staging a swift recovery attempt that surged to test localized supply levels near the 0.11660 session high, the price action faced clear rejection wicks, triggering a consecutive markdown sequence to slide down to 0.10608.
📍 Entry: 0.10608 — 0.11047
🛑 SL: 0.11760
🎯 TP1: 0.10335
🎯 TP2: 0.09623
🎯 TP3: 0.09471
🎯 TP4: 0.08911
The short-term framework reveals prominent buyer exhaustion as the asset forms a distinct lower-high structure right beneath the 24h high boundary. Order book depth metrics heavily confirm growing selling pressure, with a dominant 57.76% of immediate volume stacked on the Ask side firmly suppressing any recovery wicks. Given the dominant distribution candles developing on the 30m chart, expect the price action to roll over into a steady corrective sequence to break below immediate internal shelves and retest its trailing 0.09471 Supertrend support baseline shelf.
#Write2Earn #HassettOilDropFedRateCutRoom #HassettIranDealLinkedToFedRateCuts #NEARMarketCapExceedsThreeBillion $POND
$PHA
After staging a swift recovery attempt that surged to test localized supply levels near the 0.11660 session high, the price action faced clear rejection wicks, triggering a consecutive markdown sequence to slide down to 0.10608.
📍 Entry: 0.10608 — 0.11047
🛑 SL: 0.11760
🎯 TP1: 0.10335
🎯 TP2: 0.09623
🎯 TP3: 0.09471
🎯 TP4: 0.08911
The short-term framework reveals prominent buyer exhaustion as the asset forms a distinct lower-high structure right beneath the 24h high boundary. Order book depth metrics heavily confirm growing selling pressure, with a dominant 57.76% of immediate volume stacked on the Ask side firmly suppressing any recovery wicks. Given the dominant distribution candles developing on the 30m chart, expect the price action to roll over into a steady corrective sequence to break below immediate internal shelves and retest its trailing 0.09471 Supertrend support baseline shelf.
#Write2Earn #HassettOilDropFedRateCutRoom #HassettIranDealLinkedToFedRateCuts #NEARMarketCapExceedsThreeBillion $POND
$PHA