$FORM -6.4% LIQUIDITY SWEEP — IS THE DIP REALLY A BREAK?
My bias stays bullish. The 15M wick below 0.3022 reclaimed the level, looking more like a downside liquidity grab than a confirmed trend reversal.
The key trigger is a 1H close back above 0.3100, followed by bullish engulfing or lower-timeframe MSS confirmation.
Targets:
0.3161 → 0.3256 → 0.3308
Entry zone: 0.2985–0.3046, only after confirmation.
Invalidation: 1H close below 0.2962. A confirmed close below this level flips the structure bearish.
Flow check: OI $14.2M (-17.2% 24H) | Funding +0.0050% | Taker 0.64x
Counter-trend setup versus bearish BTC and weekly structure, so confirmation matters. No chasing.
Not investment advice. Educational report only.
#FORM #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis $FORM
My bias stays bullish. The 15M wick below 0.3022 reclaimed the level, looking more like a downside liquidity grab than a confirmed trend reversal.
The key trigger is a 1H close back above 0.3100, followed by bullish engulfing or lower-timeframe MSS confirmation.
Targets:
0.3161 → 0.3256 → 0.3308
Entry zone: 0.2985–0.3046, only after confirmation.
Invalidation: 1H close below 0.2962. A confirmed close below this level flips the structure bearish.
Flow check: OI $14.2M (-17.2% 24H) | Funding +0.0050% | Taker 0.64x
Counter-trend setup versus bearish BTC and weekly structure, so confirmation matters. No chasing.
Not investment advice. Educational report only.
#FORM #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis $FORM