Why this setup? - The 1H relief rally has slammed straight into heavy resistance at the descending MA7 (0.5097), leaving behind an immediate rejection wick that confirms seller dominance. - Macro structure remains under an aggressive bear regime with MA99 sitting far above at 0.8852, leaving every counter-trend bounce vulnerable to heavy distribution. - Massive 24h turnover of over 176M USDT without meaningful price reclamation signals institutional absorption on the ask side. - Defined invalidation sits safely above 0.5285, offering a clean runway to sweep liquidity below the 0.4332 base.
Debate: Are you fading this MA7 rejection down to TP2, or do you believe buyers can force a breakout above 0.5285 before the next 4H close?