$MVLL 3.2% Drop + Liquidity Sweep: Bearish Continuation Setup
My bias remains bearish on the 1H. Price swept below 34.95, but the rejection has not yet confirmed a reversal. With 1H structure still printing lower highs and BTC remaining bearish, this move looks more like a liquidity grab supporting further downside.
This is a counter-trend short against the bullish daily structure, while the weekly remains range-bound. I want confirmation before entering: a clear 15M/5M bearish market-structure shift plus a failed reclaim of the 34.94–35.19 zone.
Key downside levels:
TP1: 33.56
TP2: 32.38
TP3: 31.65
Entry zone: 34.70–35.20 after rejection, bearish engulfing, or lower-timeframe CHOCH.
Risk protection: Structure-based. A 1H close above 36.09 invalidates the bearish setup and flips the bias bullish.
Flow: OI $3.5M (-12.1% 24H) | Funding 0.0000% | Taker 0.96x
No chase. Wait for confirmation and respect the invalidation.
Not investment advice. Educational report only.
#MVLL #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis $MVLL
My bias remains bearish on the 1H. Price swept below 34.95, but the rejection has not yet confirmed a reversal. With 1H structure still printing lower highs and BTC remaining bearish, this move looks more like a liquidity grab supporting further downside.
This is a counter-trend short against the bullish daily structure, while the weekly remains range-bound. I want confirmation before entering: a clear 15M/5M bearish market-structure shift plus a failed reclaim of the 34.94–35.19 zone.
Key downside levels:
TP1: 33.56
TP2: 32.38
TP3: 31.65
Entry zone: 34.70–35.20 after rejection, bearish engulfing, or lower-timeframe CHOCH.
Risk protection: Structure-based. A 1H close above 36.09 invalidates the bearish setup and flips the bias bullish.
Flow: OI $3.5M (-12.1% 24H) | Funding 0.0000% | Taker 0.96x
No chase. Wait for confirmation and respect the invalidation.
Not investment advice. Educational report only.
#MVLL #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis $MVLL