$CHILLGUY just printed a 26.9x volume spike with a 7.3% move — real conviction or a classic trap?
My bias is bullish on the 1H. This explosive volume looks more like aggressive continuation than a fakeout, but the weekly structure remains bearish, so chasing 0.013683 is not the play.
I’m watching the 0.013271–0.012727 demand/imbalance zone for a pullback. Entry only after a bullish engulfing candle or a confirmed 5M/15M market structure shift.
Targets: TP1: 0.014360 TP2: 0.015449
Protection should sit beyond the structure flip / latest swing low. No fixed stop — let market structure define the risk.
Bullish bias invalidates on a 1H close below 0.011772.
#Crypto #CHILLGUY #Altcoins #CryptoTrading #Binance $CHILLGUY
My bias is bullish on the 1H. This explosive volume looks more like aggressive continuation than a fakeout, but the weekly structure remains bearish, so chasing 0.013683 is not the play.
I’m watching the 0.013271–0.012727 demand/imbalance zone for a pullback. Entry only after a bullish engulfing candle or a confirmed 5M/15M market structure shift.
Targets: TP1: 0.014360 TP2: 0.015449
Protection should sit beyond the structure flip / latest swing low. No fixed stop — let market structure define the risk.
Bullish bias invalidates on a 1H close below 0.011772.
#Crypto #CHILLGUY #Altcoins #CryptoTrading #Binance $CHILLGUY