The bounce got sold hard, and now the real fight is happening around the 96 area.
$ZHIPU is sitting around 95.31, with 1h still below the old 100.94 support and seller pressure showing through the recent structure. OI jumped 17.8% while longs are stacked heavily at 3.53, and the positive funding adds another layer to the squeeze setup.
Entry: 96.080 - 96.161
TP1: 94.866
TP2: 93.840
SL: 97.884
15m is already deeply weak, while 4h remains bullish underneath the mess. That makes the 96 area the key battleground, with the short-term structure still leaning toward another push lower.
$ZHIPU is sitting around 95.31, with 1h still below the old 100.94 support and seller pressure showing through the recent structure. OI jumped 17.8% while longs are stacked heavily at 3.53, and the positive funding adds another layer to the squeeze setup.
Entry: 96.080 - 96.161
TP1: 94.866
TP2: 93.840
SL: 97.884
15m is already deeply weak, while 4h remains bullish underneath the mess. That makes the 96 area the key battleground, with the short-term structure still leaning toward another push lower.
