Everyone's flexing profit on $龙虾 , why not you? Here is my $龙虾 setup — now go enjoy the move, catch the next leg, and flex your profit too. Don't forget to thank me later
Guys, we already caught the recent 龙虾 move, but today I checked this Chinese shitcoin again and honestly, the data still looks interesting. Before you take any blind entry though, look at the data first.
My previous configuration worked perfectly, but many people missed that move because they were watching candles instead of the actual data. If you follow the data, the setup becomes much easier to understand.
Now look at derivatives. Longs are still around 61%, funding is +0.0111%, while top-trader positioning has cooled down. Futures CVD is around -$53.2M and spot CVD around -$27.6M, with orderbook delta also negative. That's not the kind of flow I want to chase with a long.
Liquidation heatmap also makes the setup interesting. There is liquidity around $0.048-$0.052 above us, while much heavier downside liquidity sits around $0.041-$0.042 and $0.037-$0.040. So yes, a bounce first is very possible.
But be careful: short-term flow has turned slightly positive. Futures 4H/8H/12H flow has also shown buying. This can support another bounce, but it can also simply be profit-taking before the next move. Spot flow is still weak: 30m -$143K, 1H -$172K and 12H -$833K.
Volume profile + VWAP gives me even more confidence in waiting for the bounce. Price is around $0.0455, VWAP is ~$0.0462 and the upper band is ~$0.0496. So I'm not chasing here.
Current Entry: $0.0455-$0.0485 rejection
Recommended Entry: $0.0500-$0.0510
Upper entry: $0.0520-$0.0550
TP1: $0.0427
TP2: $0.037-$0.038
TP3: $0.030-$0.025
SL: $0.0530-$0.0585
I'm choosing SHORT ON BOUNCE again. I don't want a quick TP here — I'm looking for the bigger move and better RR.
For confirmation, 30m rejection can give an early entry, but 1H confirmation is better and can help avoid those fake rejections.
Let $龙虾 bounce into the liquidity/VWAP zone, watch the data, and if the rejection confirms, I'll take the short.
Guys, we already caught the recent 龙虾 move, but today I checked this Chinese shitcoin again and honestly, the data still looks interesting. Before you take any blind entry though, look at the data first.
My previous configuration worked perfectly, but many people missed that move because they were watching candles instead of the actual data. If you follow the data, the setup becomes much easier to understand.
Now look at derivatives. Longs are still around 61%, funding is +0.0111%, while top-trader positioning has cooled down. Futures CVD is around -$53.2M and spot CVD around -$27.6M, with orderbook delta also negative. That's not the kind of flow I want to chase with a long.
Liquidation heatmap also makes the setup interesting. There is liquidity around $0.048-$0.052 above us, while much heavier downside liquidity sits around $0.041-$0.042 and $0.037-$0.040. So yes, a bounce first is very possible.
But be careful: short-term flow has turned slightly positive. Futures 4H/8H/12H flow has also shown buying. This can support another bounce, but it can also simply be profit-taking before the next move. Spot flow is still weak: 30m -$143K, 1H -$172K and 12H -$833K.
Volume profile + VWAP gives me even more confidence in waiting for the bounce. Price is around $0.0455, VWAP is ~$0.0462 and the upper band is ~$0.0496. So I'm not chasing here.
Current Entry: $0.0455-$0.0485 rejection
Recommended Entry: $0.0500-$0.0510
Upper entry: $0.0520-$0.0550
TP1: $0.0427
TP2: $0.037-$0.038
TP3: $0.030-$0.025
SL: $0.0530-$0.0585
I'm choosing SHORT ON BOUNCE again. I don't want a quick TP here — I'm looking for the bigger move and better RR.
For confirmation, 30m rejection can give an early entry, but 1H confirmation is better and can help avoid those fake rejections.
Let $龙虾 bounce into the liquidity/VWAP zone, watch the data, and if the rejection confirms, I'll take the short.
