$KOMA 42.8x volume dump looks like distribution into weakness, not a bottom
- my bias is bearish here on the 1h: that 42.8x volume dump looks like distribution into the last swing, not a finished capitulation bottom, and it sits in a confirmed lower-high structure while BTC is also bearish - this is a counter-trend short versus bullish daily and weekly structure, so I only want continuation after a lower-timeframe break, not a blind chase of the wick - I expect price to probe 0.02105 / 0.01942 first, then stretch toward 0.01911 and 0.01715 if that demand fails to hold - entry zone is a weak bounce into 0.0213–0.0222 (the swept HL liquidity) or a clean 1h close back below 0.02105; wait for a rejection wick, bearish engulfing, or 5m/15m market structure shift before clicking short - take profits in order: 0.01942, then 0.01911, then 0.01715 - place protection beyond the structure flip; a 1h close above 0.023982 flips my bias bullish and kills the short thesis 📉 - not investment advice, educational report only
old school orderblocks, this is the danger zone for $BTC . Break this 85-100k area and it's ATH but for now, I think you should be a bit cautious for fresh positions and go more into scalp mode