Institutional QVX momentum: SHORT.
Price action is stalling into the 79,485 resistance shelf, with QVX flagging bearish gamma into the session. The CME 60.4% September hike probability is a macro headwind that flows are beginning to price—risk assets are losing their bid. I’ve entered short here, targeting the 77,620 support level as the first take-profit zone.
Position sizing is defensive: stop above 79,850 to invalidate the thesis. If we break 77.6k, expect accelerated downside as dealer hedging flips. Don’t chase the news narrative—the tape is telling you the real story. 💼
#QVX #BTC #TradingStrategy
Price action is stalling into the 79,485 resistance shelf, with QVX flagging bearish gamma into the session. The CME 60.4% September hike probability is a macro headwind that flows are beginning to price—risk assets are losing their bid. I’ve entered short here, targeting the 77,620 support level as the first take-profit zone.
Position sizing is defensive: stop above 79,850 to invalidate the thesis. If we break 77.6k, expect accelerated downside as dealer hedging flips. Don’t chase the news narrative—the tape is telling you the real story. 💼
#QVX #BTC #TradingStrategy