$4 : The -4.1% flush on 2.9x volume looks more like a liquidity grab than distribution.
My bias remains bullish — 1H, daily, weekly, and BTC structure are all aligned. This sharp flush looks like a long liquidation sweep after the impulse, not smart-money distribution.
If demand holds, I’m watching 0.0309 first, followed by 0.03253 and then the previous swing high at 0.03576.
Entry zone: 0.0262–0.0280 demand/FVG. I want confirmation before entering: a 1H bullish engulfing, a rejection pin, or a lower-timeframe market-structure shift back upward.$4
TPs: 0.0309 → 0.03253 → 0.03576
I would avoid chasing shorts into this flush while the higher-timeframe trend remains bullish. The setup turns bearish only if price confirms a 1H close below 0.024002.
Patience for the reclaim. Confirmation before conviction.
#CryptoTrading #Altcoins #TechnicalAnalysis #Binance #Trading
My bias remains bullish — 1H, daily, weekly, and BTC structure are all aligned. This sharp flush looks like a long liquidation sweep after the impulse, not smart-money distribution.
If demand holds, I’m watching 0.0309 first, followed by 0.03253 and then the previous swing high at 0.03576.
Entry zone: 0.0262–0.0280 demand/FVG. I want confirmation before entering: a 1H bullish engulfing, a rejection pin, or a lower-timeframe market-structure shift back upward.$4
TPs: 0.0309 → 0.03253 → 0.03576
I would avoid chasing shorts into this flush while the higher-timeframe trend remains bullish. The setup turns bearish only if price confirms a 1H close below 0.024002.
Patience for the reclaim. Confirmation before conviction.
#CryptoTrading #Altcoins #TechnicalAnalysis #Binance #Trading