DATE: DEC 12 | LONDON OPEN
Author: Kash Crypto
## MARKET STRUCTURE
Context: London Session Open
Current Level: $92,200 (Testing Mid-Range)
Volatility: Expanding
Funding: Neutral
## ON-CHAIN SIGNAL
Spot CVD: Waiting for direction
Leverage: OI resetting
Risk: Pre-weekend fakeouts
## THE SETUP
US Pre-Market flows will dictate the close.
$93,500 ─── [ RESISTANCE ]
│
▼
$92,200 ◄── [ CURRENT PRICE ]
▲
│
$90,000 ─── [ SUPPORT ]
• Upside Trigger: Reclaim $93k region
• Downside Trigger: Sweep Tuesday Lows ($90k)
## EXECUTION
• Do not chase the opening candle.
• Wait for the H1 close.
• Protect weekly gains.
#Binnance
#DYOR
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