Price is trading below a clear resistance zone with multiple equal highs.
These equal highs create buy-side liquidity from breakout orders and short stop losses.
Before the market chooses a real direction, a temporary move above resistance can happen to collect this liquidity. This is known as an upside liquidity hunt.
Important to remember:
A liquidity sweep is not a confirmed breakout Chasing price during the sweep often leads to losses Confirmation comes after liquidity is taken, not before
Patience and structure matter more than prediction. TO TRADE CLICK HERE
BCHUSDT
Perp
516.29
-2.87%
BCH
516.6
-2.87%
