QVX trend filter just flipped to LONG.
Price is holding above 77602.72 support, so the pullback-buy setup stays valid. I will scale in near 77600–77950 with a hard stop below 77500, risking 1% of account equity. First target is 78878.01 resistance; a clean break there opens a runner toward 79200. Risk-reward is roughly 1:2.3 at current levels. The news flow on $3.2B in automated laundering across 11 chains is a real overhang, with potential ETH and BTC distribution pressure. QVX stays LONG regardless, but I will cut size if price closes below support on volume. I am flat now, waiting for the next QVX trigger to confirm entry. 📊
Price is holding above 77602.72 support, so the pullback-buy setup stays valid. I will scale in near 77600–77950 with a hard stop below 77500, risking 1% of account equity. First target is 78878.01 resistance; a clean break there opens a runner toward 79200. Risk-reward is roughly 1:2.3 at current levels. The news flow on $3.2B in automated laundering across 11 chains is a real overhang, with potential ETH and BTC distribution pressure. QVX stays LONG regardless, but I will cut size if price closes below support on volume. I am flat now, waiting for the next QVX trigger to confirm entry. 📊