$TIA ANALYSIS: Liquidity Sweep & Pullback Setup đ
âAfter an aggressive expansion hitting $0.7234, price formed a clear 4H Shooting Star / Rejection Candle, indicating that buyers ran out of steam and short-term sellers have taken control.
âWe are anticipating a short-term pullback to fill local imbalance and retest the demand flip zone below.
â#SHORTđ -SELL setup;
âEntry Zone: $0.6850 â $0.6980
âStop Loss (SL): $0.7280
âTake Profit 1 (TP1): $0.6530
âTake Profit 2 (TP2): $0.6300
âTake Profit 3 (TP3): $0.6000
âKey Technical Breakdown:
âShooting Star Rejection: Strong upper wick at $0.7234 indicates institutional profit-taking and sell-side pressure.
âLiquidity Sweep: Highs were swept to trap breakout buyers before printing the bearish closed candle.
âTarget Area: Looking for price to retrace toward the $0.6300 â $0.6400 demand flip before looking for long continuation.
ââ ïž Trader Note: Counter-trend shorts carry higher risk during strong uptrends. Use strict risk management (1% risk) or wait for confirmation on the 15m/1h timeframe. Not financial advice (NFA).
$TIA
#celestia
#SupplyAndDemand
#BitcoinShortTermHoldersReach4.08MBTC
âAfter an aggressive expansion hitting $0.7234, price formed a clear 4H Shooting Star / Rejection Candle, indicating that buyers ran out of steam and short-term sellers have taken control.
âWe are anticipating a short-term pullback to fill local imbalance and retest the demand flip zone below.
â#SHORTđ -SELL setup;
âEntry Zone: $0.6850 â $0.6980
âStop Loss (SL): $0.7280
âTake Profit 1 (TP1): $0.6530
âTake Profit 2 (TP2): $0.6300
âTake Profit 3 (TP3): $0.6000
âKey Technical Breakdown:
âShooting Star Rejection: Strong upper wick at $0.7234 indicates institutional profit-taking and sell-side pressure.
âLiquidity Sweep: Highs were swept to trap breakout buyers before printing the bearish closed candle.
âTarget Area: Looking for price to retrace toward the $0.6300 â $0.6400 demand flip before looking for long continuation.
ââ ïž Trader Note: Counter-trend shorts carry higher risk during strong uptrends. Use strict risk management (1% risk) or wait for confirmation on the 15m/1h timeframe. Not financial advice (NFA).
$TIA
#celestia
#SupplyAndDemand
#BitcoinShortTermHoldersReach4.08MBTC