$1000000BOB Longs look crowded while price is already down 19.4% ๐ Iโm bearish here. 1H, daily and weekly structure are all pointing down, while extreme positive funding suggests crowded longs could fuel another squeeze lower.
Iโm waiting for a relief bounce, not chasing the dump.
TP1: 0.01379
TP2: 0.01170
Invalidation: 1H close above 0.01744
Wait for rejection or a lower-timeframe structure shift before entering. Let the setup come to you. ๐ฅ๐
Iโm waiting for a relief bounce, not chasing the dump.
TP1: 0.01379
TP2: 0.01170
Invalidation: 1H close above 0.01744
Wait for rejection or a lower-timeframe structure shift before entering. Let the setup come to you. ๐ฅ๐
