$INX — LONG
Trade Plan:
Entry Zone: 0.009950 – 0.010950
Stop Loss: 0.008350
Take Profit 1: 0.011996
Take Profit 2: 0.016715
Take Profit 3: 0.021433
Why this setup?
Liquidity Hunt Confirmation (4H): The aggressive liquidation wick to $0.00835 on heavy volume was a definitive institutional accumulation event. Price was instantly absorbed, forming a strong 4H base.
Volume Profile Stability (24h): $INX is holding solid relative volume at 208.45M units ($2.08M USDT). After a capitulation event, this consolidation on steady volume indicates that supply is now exhausted.
1D Bullish Divergence (MACD): While price made a lower low on the initial wick, the MACD histogram is printing higher lows. This classic divergence often precedes a macro trend reversal.
ATR Compression: 1H ATR is reaching an extreme low, signaling imminent volatility expansion. This compression is where 'Sniper' entries are placed for maximum R:R.
Debate:
Will the macro $0.012 resistance flip this week, or are we looking at one more test of the lower range before the extension?
Click here to Trade 👇
Trade Plan:
Entry Zone: 0.009950 – 0.010950
Stop Loss: 0.008350
Take Profit 1: 0.011996
Take Profit 2: 0.016715
Take Profit 3: 0.021433
Why this setup?
Liquidity Hunt Confirmation (4H): The aggressive liquidation wick to $0.00835 on heavy volume was a definitive institutional accumulation event. Price was instantly absorbed, forming a strong 4H base.
Volume Profile Stability (24h): $INX is holding solid relative volume at 208.45M units ($2.08M USDT). After a capitulation event, this consolidation on steady volume indicates that supply is now exhausted.
1D Bullish Divergence (MACD): While price made a lower low on the initial wick, the MACD histogram is printing higher lows. This classic divergence often precedes a macro trend reversal.
ATR Compression: 1H ATR is reaching an extreme low, signaling imminent volatility expansion. This compression is where 'Sniper' entries are placed for maximum R:R.
Debate:
Will the macro $0.012 resistance flip this week, or are we looking at one more test of the lower range before the extension?
Click here to Trade 👇