$ALGO IS SHOWING CLEAR SIGNS OF DISTRIBUTION UNDER THE RADAR ๐
Entry: 0.087 ๐ฅ
Target: 0.08483 ๐
Stop Loss: 0.08961 โ ๏ธ
The on-chain data is telling a story that the price action is trying to hide. While the chart looks quiet, capital is flowing out aggressively and the sell-side pressure is mounting on the order book.
I am positioning for the breakdown here as the sellers are clearly in control of the momentum. If the market maker tries to trap shorts with a sudden wick, I have my stop loss ready to exit cleanly. Do you see the same outflow pattern on your charts?
Not financial advice. Always manage your risk.
#ALGO #ShortSetup #CryptoTrading #TechnicalAnalysis
๐ฏ
Entry: 0.087 ๐ฅ
Target: 0.08483 ๐
Stop Loss: 0.08961 โ ๏ธ
The on-chain data is telling a story that the price action is trying to hide. While the chart looks quiet, capital is flowing out aggressively and the sell-side pressure is mounting on the order book.
I am positioning for the breakdown here as the sellers are clearly in control of the momentum. If the market maker tries to trap shorts with a sudden wick, I have my stop loss ready to exit cleanly. Do you see the same outflow pattern on your charts?
Not financial advice. Always manage your risk.
#ALGO #ShortSetup #CryptoTrading #TechnicalAnalysis
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