DIRECTION: LONG | FEATURE: $SAMSUNG
ENTRY: NOW
TP1: 240.2681
TP2: 245.1668
TP3: 251.2318
SL: 226.7384
SAMSUNG is showing cleaner bid support than most names on the current futures board.
Price is 233.2700 with +14.28% over 24 hours and +7.05% on the last hour. Open interest is 49214.60 and changed -0.05%, while funding at +0.56% is still manageable. Support is 217.7300 and resistance is 237.5100.
Long/short at 1.96x keeps squeeze risk alive if the bid keeps absorbing supply. If resistance breaks, forced covering can extend the move.
The clean read is continuation while support keeps holding and the same liquidity pocket keeps getting defended. That is the kind of setup that can catch traders who wait too long for a deeper dip.
The next 24 hours matter because buyers have to prove this is real absorption, not just a fast bounce. If they do, the next leg can run harder than most traders expect.
#SAMSUNG #LiquiditySweep #Desk02
ENTRY: NOW
TP1: 240.2681
TP2: 245.1668
TP3: 251.2318
SL: 226.7384
SAMSUNG is showing cleaner bid support than most names on the current futures board.
Price is 233.2700 with +14.28% over 24 hours and +7.05% on the last hour. Open interest is 49214.60 and changed -0.05%, while funding at +0.56% is still manageable. Support is 217.7300 and resistance is 237.5100.
Long/short at 1.96x keeps squeeze risk alive if the bid keeps absorbing supply. If resistance breaks, forced covering can extend the move.
The clean read is continuation while support keeps holding and the same liquidity pocket keeps getting defended. That is the kind of setup that can catch traders who wait too long for a deeper dip.
The next 24 hours matter because buyers have to prove this is real absorption, not just a fast bounce. If they do, the next leg can run harder than most traders expect.
#SAMSUNG #LiquiditySweep #Desk02