$INX
🚨 4.0x Sell Volume Spike on $INX , distribution or shakeout?
- With the current structure, I expect the price to continue lower — this resembles smart money distribution and/or panic selling because of the extreme volume and clean structure
- Look for weak bounces to sell into, especially at 0.008952–0.009159 or if price reclaims 0.008926 and instantly rejects
- My trade setup: Wait for a retest and rejection at 0.008952–0.009159 with a clear reversal candle (like a pin bar/double top) on 5m, then short with take profit at 0.008365 and 0.008246, possibly extending to 0.008093 if momentum continues. Stop-loss should be set above the bounce swing high or above 0.009405
- Bias changes if price regains and holds above 0.009405 with strong bullish candles and volume — in that case, consider that the flush was a bear trap and flip to long bias, targeting the most recent swing high at 0.009519 and above
- Always wait for confirmation: A simple bounce is not enough; look for price rejection, lower highs forming, or reversal signals on lower timeframes
📝 This is not investment advice, just an educational report based on current price action, volume, and smart money concepts. Trade safe and always use proper risk management!
📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → tinyurl.com/FinoraBot
#INX
🚨 4.0x Sell Volume Spike on $INX , distribution or shakeout?
- With the current structure, I expect the price to continue lower — this resembles smart money distribution and/or panic selling because of the extreme volume and clean structure
- Look for weak bounces to sell into, especially at 0.008952–0.009159 or if price reclaims 0.008926 and instantly rejects
- My trade setup: Wait for a retest and rejection at 0.008952–0.009159 with a clear reversal candle (like a pin bar/double top) on 5m, then short with take profit at 0.008365 and 0.008246, possibly extending to 0.008093 if momentum continues. Stop-loss should be set above the bounce swing high or above 0.009405
- Bias changes if price regains and holds above 0.009405 with strong bullish candles and volume — in that case, consider that the flush was a bear trap and flip to long bias, targeting the most recent swing high at 0.009519 and above
- Always wait for confirmation: A simple bounce is not enough; look for price rejection, lower highs forming, or reversal signals on lower timeframes
📝 This is not investment advice, just an educational report based on current price action, volume, and smart money concepts. Trade safe and always use proper risk management!
📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → tinyurl.com/FinoraBot
#INX