$LAZIO 28.3x Volume Into Resistance — Liquidity Grab or Real Breakout?
My bias is bearish here. The 1H, daily, and weekly structure remain bearish alongside BTC, so this massive volume spike into 0.396 looks more like a liquidity grab at the previous swing high than genuine accumulation.
The key level is 0.396. If buyers fail to hold above it, I expect a rotation back toward 0.387–0.381, followed by 0.376 and potentially 0.364 if the demand pocket breaks.
Short setup:
Entry zone: 0.392–0.396
Confirmation: rejection wick, bearish engulfing, or 5M/15M market-structure shift lower
Targets:
TP1: 0.387
TP2: 0.381
TP3: 0.376
TP4: 0.364
Do not chase the volume spike. I want to see rejection and confirmation before taking the short, especially because this is a counter-trend fade against the recent buying burst.
Invalidation: A 1H close above 0.396 flips my bias bullish.
For now, 0.396 is the line in the sand. If buyers cannot reclaim and hold it, the downside levels remain in focus.$LAZIO
#LAZIO #CryptoTrading #Altcoins #Binance #Trading
My bias is bearish here. The 1H, daily, and weekly structure remain bearish alongside BTC, so this massive volume spike into 0.396 looks more like a liquidity grab at the previous swing high than genuine accumulation.
The key level is 0.396. If buyers fail to hold above it, I expect a rotation back toward 0.387–0.381, followed by 0.376 and potentially 0.364 if the demand pocket breaks.
Short setup:
Entry zone: 0.392–0.396
Confirmation: rejection wick, bearish engulfing, or 5M/15M market-structure shift lower
Targets:
TP1: 0.387
TP2: 0.381
TP3: 0.376
TP4: 0.364
Do not chase the volume spike. I want to see rejection and confirmation before taking the short, especially because this is a counter-trend fade against the recent buying burst.
Invalidation: A 1H close above 0.396 flips my bias bullish.
For now, 0.396 is the line in the sand. If buyers cannot reclaim and hold it, the downside levels remain in focus.$LAZIO
#LAZIO #CryptoTrading #Altcoins #Binance #Trading