$1000000BOB
🧊 Massive Sell-Side Volume on $1000000BOB at 3.5x
- With this aggressive high-volume dump from resistance and a sharp rejection, I expect further downside in the short term. This has the characteristics of distribution, where smart money offloads into late longs before marking price down.
- Wait for a retest of the 0.01391–0.01384 supply area. If price approaches this zone and fails to reclaim it (shows rejection, bearish candles, or reversal patterns), that’s the ideal short entry.
- Enter short in the 0.01384–0.01391 range only if you see confirmation like a rejection wick, bearish engulfing, or rapid drop after a weak push into the zone.
- First take profit at 0.01344, second at 0.01312, and final at 0.01263.
- Place your stop-loss just above the local swing high at 0.01430 or wherever the trend would clearly shift against you.
- My view changes to bullish only if price can reclaim and hold above 0.01421 with strong follow-through volume and bullish structure (higher highs and higher lows). Until then, rallies into supply are likely to be sold.
- Trade with caution — volume spikes like this mean volatility and whipsaws are likely. Only trade if you get a clear entry signal at the supply zone!
📝 This is not investment advice, only an educational report. Always use proper risk management and wait for confirmation before entering any trade!
📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → tinyurl.com/FinoraBot
#1000000BOB
🧊 Massive Sell-Side Volume on $1000000BOB at 3.5x
- With this aggressive high-volume dump from resistance and a sharp rejection, I expect further downside in the short term. This has the characteristics of distribution, where smart money offloads into late longs before marking price down.
- Wait for a retest of the 0.01391–0.01384 supply area. If price approaches this zone and fails to reclaim it (shows rejection, bearish candles, or reversal patterns), that’s the ideal short entry.
- Enter short in the 0.01384–0.01391 range only if you see confirmation like a rejection wick, bearish engulfing, or rapid drop after a weak push into the zone.
- First take profit at 0.01344, second at 0.01312, and final at 0.01263.
- Place your stop-loss just above the local swing high at 0.01430 or wherever the trend would clearly shift against you.
- My view changes to bullish only if price can reclaim and hold above 0.01421 with strong follow-through volume and bullish structure (higher highs and higher lows). Until then, rallies into supply are likely to be sold.
- Trade with caution — volume spikes like this mean volatility and whipsaws are likely. Only trade if you get a clear entry signal at the supply zone!
📝 This is not investment advice, only an educational report. Always use proper risk management and wait for confirmation before entering any trade!
📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → tinyurl.com/FinoraBot
#1000000BOB