🚨 MAJOR ORDER FLOW IMBALANCE: WLFIUSDT
PRICE IS HOLDING ABOVE 0.0598, AND THAT MATTERS. WHEN SPOT STAYS BIDDING WHILE SELL-SIDE LIQUIDITY GETS ABSORBED, THE NEXT MOVE IS USUALLY A BOS, NOT A REJECTION. A CLEAN CHOCH ABOVE LOCAL SUPPLY WOULD CONFIRM LONG CONTINUATION.
THIS IS AN INFLECTION ZONE: BELOW 0.055062 IS INVALIDATION, ABOVE 0.0598 MEANS THE MARKET IS DEFENDING VALUE AND GRABBING STOPS BEFORE EXPANSION.
ENTRY: 0.0598-0.0605 WLFIUSDT
SL: 0.055062
TP1: 0.0751
TP2: 0.0810
RR: 3.2R
IS WLFIUSDT BUILDING A TRUE BREAKOUT BASE, OR IS THIS JUST A LIQUIDITY SWEEP INTO SUPPLY?
#WLFIUSDT #BinanceSquare #SlowSclap #TradingAnalysis
PRICE IS HOLDING ABOVE 0.0598, AND THAT MATTERS. WHEN SPOT STAYS BIDDING WHILE SELL-SIDE LIQUIDITY GETS ABSORBED, THE NEXT MOVE IS USUALLY A BOS, NOT A REJECTION. A CLEAN CHOCH ABOVE LOCAL SUPPLY WOULD CONFIRM LONG CONTINUATION.
THIS IS AN INFLECTION ZONE: BELOW 0.055062 IS INVALIDATION, ABOVE 0.0598 MEANS THE MARKET IS DEFENDING VALUE AND GRABBING STOPS BEFORE EXPANSION.
ENTRY: 0.0598-0.0605 WLFIUSDT
SL: 0.055062
TP1: 0.0751
TP2: 0.0810
RR: 3.2R
IS WLFIUSDT BUILDING A TRUE BREAKOUT BASE, OR IS THIS JUST A LIQUIDITY SWEEP INTO SUPPLY?
#WLFIUSDT #BinanceSquare #SlowSclap #TradingAnalysis