🚨 MAJOR ORDER FLOW IMBALANCE: ETHUSDT.
WE ARE WITNESSING A MASSIVE ABSORPTION OF BID LIQUIDITY AT 1652. AGGRESSIVE SELLERS ARE OVERWHELMING THE ORDER BOOK AS CVD DIVERGENCE HITS EXTREME LEVELS. PRICE IS STALLING DESPITE NEUTRAL SENTIMENT, INDICATING A HIDDEN LIQUIDITY GRAB BY LARGE ENTITIES PREPARING FOR A BREAKDOWN.
THIS IS A CLASSIC DISTRIBUTION PHASE. BULLS ARE GETTING TRAPPED ABOVE THE CURRENT RANGE WHILE WHALES STACK SHORT POSITIONS. THE INFLECTION POINT IS CLEAR: A FAILURE TO HOLD THE 1650 LEVEL WILL TRIGGER A CASCADE INTO DEEPER SUPPORT AS SELL-SIDE PRESSURE ACCELERATES.
EXECUTION:
ENTRY: 1652.24 ETHUSDT
SL: 1653.00
TP1: 1650.50
TP2: 1648.20
RR: 1:3
IS ETHUSDT HITTING A LOCAL TOP OR IS THIS A SOPHISTICATED SUPPLY FLIP?
#ETHUSDT #BinanceSquare #SlowSclap #TradingAnalysis