🔷 $FLOKI : long from the junction, short from the edge
📋 Technical overview (price 0.0000241):
• MA cluster 4h 0.0000245-0.0000250 on top, MA99 1d 0.0000232 on the bottom
• Fuel: long 0.0000229-0.0000236, short 0.0000249-0.0000262
• CVD negative on spot and futures, OI deflated: selling from both sides
🧠 My take: Spot sells along with futures; the August rally is fully unwound. So the middle of the range is out of the market: a short here catches a stop on a bounce to the MA cluster, while a long is a falling-knife situation. Both directions work only at the edges: long at the fuel junction and MA99, short at the edge of the range.
🎣 Our entry points:
• Long: 0.0000230-0.0000236, take profit 0.0000252/0.0000262, stop loss 0.0000224
• Short: 0.0000249-0.0000253, take profit 0.0000236/0.0000230, stop loss 0.0000263
• Breakout: 4h close below 0.0000229 → short to 0.0000217, stop loss 0.0000240
• Tomorrow 20:00-22:30 MSK: no positions
⚠️ Spot CVD negative: DWF inventory is being distributed — the cluster will be broken, the long thesis will die.
❓ Which edge hits first: the bottom or the top? 👇
#floki
📋 Technical overview (price 0.0000241):
• MA cluster 4h 0.0000245-0.0000250 on top, MA99 1d 0.0000232 on the bottom
• Fuel: long 0.0000229-0.0000236, short 0.0000249-0.0000262
• CVD negative on spot and futures, OI deflated: selling from both sides
🧠 My take: Spot sells along with futures; the August rally is fully unwound. So the middle of the range is out of the market: a short here catches a stop on a bounce to the MA cluster, while a long is a falling-knife situation. Both directions work only at the edges: long at the fuel junction and MA99, short at the edge of the range.
🎣 Our entry points:
• Long: 0.0000230-0.0000236, take profit 0.0000252/0.0000262, stop loss 0.0000224
• Short: 0.0000249-0.0000253, take profit 0.0000236/0.0000230, stop loss 0.0000263
• Breakout: 4h close below 0.0000229 → short to 0.0000217, stop loss 0.0000240
• Tomorrow 20:00-22:30 MSK: no positions
⚠️ Spot CVD negative: DWF inventory is being distributed — the cluster will be broken, the long thesis will die.
❓ Which edge hits first: the bottom or the top? 👇
#floki
