🔻 $DOGS
Refusal of the resistance key in the form of liquidity—withdrawal flips the market structure bearish! 📉
Entry: 0.00004455 - 0.00004523 ⚡
Target: 0.00004300 - 0.00003965 🎯
Stop Loss: 0.00004707 ⚠️
$DOGS tried a bullish expansion but immediately hit an institutional supply zone, leading to a strong liquidation/smashed long positions that were excessively leveraged. 🦈 Immediate rejection at the main resistance confirms aggressive distribution, with price action turning structurally downward.
📊 Higher timeframes show continuously lower highs, leaving unfilled value gaps below the current price range. 📌 As selling momentum accelerates, price is looking for deeper opponent liquidity within the lower bounds of the range.
💬 Will this rejection from the supply zone go straight toward bottom-range liquidity, or do you expect a retest to reduce (bounce) first? 👇
⚠️ Not financial advice. Always assess/control your risk.
Refusal of the resistance key in the form of liquidity—withdrawal flips the market structure bearish! 📉
Entry: 0.00004455 - 0.00004523 ⚡
Target: 0.00004300 - 0.00003965 🎯
Stop Loss: 0.00004707 ⚠️
$DOGS tried a bullish expansion but immediately hit an institutional supply zone, leading to a strong liquidation/smashed long positions that were excessively leveraged. 🦈 Immediate rejection at the main resistance confirms aggressive distribution, with price action turning structurally downward.
📊 Higher timeframes show continuously lower highs, leaving unfilled value gaps below the current price range. 📌 As selling momentum accelerates, price is looking for deeper opponent liquidity within the lower bounds of the range.
💬 Will this rejection from the supply zone go straight toward bottom-range liquidity, or do you expect a retest to reduce (bounce) first? 👇
⚠️ Not financial advice. Always assess/control your risk.