$ATH 🏋️ Massive Buy-Side Volume on
$ATH at 41.7x
- I expect the price to RISE in the near term, as this looks like a classic case of smart money accumulation followed by a violent breakout. The huge volume and price spike after a sweep below the most recent swing low (0.004046) show strong intent.
- A good scenario is to wait for a pullback into the 0.004206–0.004132 region and look for confirmation (such as a bullish engulfing or pin bar, or reversal signal on 5m/1m) before entering a long.
- Entry: After a pullback and confirmation in the 0.004206–0.004132 region.
- Take Profit 1: 0.004351 (first significant resistance above)
- Take Profit 2: 0.004407 (next supply zone)
- Take Profit 3 (if momentum continues): 0.004500 (extended target if another breakout occurs)
- Stop-loss should be placed below the swing low at 0.004046 or at the low of the confirmation candle, as a break below here likely invalidates the bullish thesis.
- If the price closes below 0.004046 with strong momentum, I would reconsider the bullish bias and expect further downside towards 0.003964.
📝 This is not investment advice; it is just an educational analysis. Trade safely and always wait for confirmation before entering. 🚀
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#ATH