$TIA ANALYSIS: Liquidity Sweep & Pullback Setup 📉
After 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.
We are anticipating a short-term pullback to fill local imbalance and retest the demand flip zone below.
#SHORT📉 -SELL setup;
Entry Zone: $0.6850 – $0.6980
Stop Loss (SL): $0.7280
Take Profit 1 (TP1): $0.6530
Take Profit 2 (TP2): $0.6300
Take Profit 3 (TP3): $0.6000
Key Technical Breakdown:
Shooting Star Rejection: Strong upper wick at $0.7234 indicates institutional profit-taking and sell-side pressure.
Liquidity Sweep: Highs were swept to trap breakout buyers before printing the bearish closed candle.
Target Area: Looking for price to retrace toward the $0.6300 – $0.6400 demand flip before looking for long continuation.
⚠️ 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
After 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.
We are anticipating a short-term pullback to fill local imbalance and retest the demand flip zone below.
#SHORT📉 -SELL setup;
Entry Zone: $0.6850 – $0.6980
Stop Loss (SL): $0.7280
Take Profit 1 (TP1): $0.6530
Take Profit 2 (TP2): $0.6300
Take Profit 3 (TP3): $0.6000
Key Technical Breakdown:
Shooting Star Rejection: Strong upper wick at $0.7234 indicates institutional profit-taking and sell-side pressure.
Liquidity Sweep: Highs were swept to trap breakout buyers before printing the bearish closed candle.
Target Area: Looking for price to retrace toward the $0.6300 – $0.6400 demand flip before looking for long continuation.
⚠️ 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