If you are still selling directly into structural demand zones, stop now.
Most traders get chopped up because they dump their positions at the exact base of a pullback, only to watch price bounce violently minutes later. Watching assets like $NEAR or $SUI rip right after you exit is a frustrating way to bleed capital.
Right now, the chart is building a clean horizontal demand shelf across the $3.74 to $3.85 zone. This area is functioning as the primary support floor where buyers are actively absorbing short-term pullback pressure.
We saw a nearly identical base form on $FET before its previous range breakout. The bids sitting around the $3.74 mark are soaking up sell liquidity, preventing any aggressive breakdown below the floor.
Are we defending this $3.74 shelf for a swift rebound, or do you see sellers forcing one more liquidity sweep?
#CryptoTrading #TechnicalAnalysis #Altcoins
Most traders get chopped up because they dump their positions at the exact base of a pullback, only to watch price bounce violently minutes later. Watching assets like $NEAR or $SUI rip right after you exit is a frustrating way to bleed capital.
Right now, the chart is building a clean horizontal demand shelf across the $3.74 to $3.85 zone. This area is functioning as the primary support floor where buyers are actively absorbing short-term pullback pressure.
We saw a nearly identical base form on $FET before its previous range breakout. The bids sitting around the $3.74 mark are soaking up sell liquidity, preventing any aggressive breakdown below the floor.
Are we defending this $3.74 shelf for a swift rebound, or do you see sellers forcing one more liquidity sweep?
#CryptoTrading #TechnicalAnalysis #Altcoins
