🚨 $NVO on watch!
Despite heavy sell walls indicating immediate resistance, accumulating open interest signals growing underlying conviction for an upward move.
With 68.0% of whales positioned long, a sustained push is anticipated to clear overhead supply, aligning with a potential long continuation.
👑 BTC MACRO 🔥 Trend: BEARISH 🔴 | Pivot: 63259.27
🎯 $NVO LONG SETUP
🔹 Entry Price: 46.3600
🔹 🎯 Target 1: 47.2060
🔹 🎯 Target 2: 48.0520
🔹 🎯 Target 3: 49.1800
🔹 🛑 Invalidation (SL): 44.9500
#CryptoTrading #NVO
Despite heavy sell walls indicating immediate resistance, accumulating open interest signals growing underlying conviction for an upward move.
With 68.0% of whales positioned long, a sustained push is anticipated to clear overhead supply, aligning with a potential long continuation.
👑 BTC MACRO 🔥 Trend: BEARISH 🔴 | Pivot: 63259.27
🎯 $NVO LONG SETUP
🔹 Entry Price: 46.3600
🔹 🎯 Target 1: 47.2060
🔹 🎯 Target 2: 48.0520
🔹 🎯 Target 3: 49.1800
🔹 🛑 Invalidation (SL): 44.9500
#CryptoTrading #NVO