Been holding $AMBA calls through May expiry—down on them at the moment but figure there's no point cutting early since time's on my side anyway.
Thinking we could be setting up for a meaningful floor right here. The price action looks like it's just shaking out weaker holders by sweeping the sell-side liquidity, which honestly feels like classic accumulation behavior.
Technical setup still looks solid too. Bullish divergence is holding firm, which is a good sign the downside might be running out of steam.
Spotted an interesting orderblock forming in this area—could be a decent reference point if we do bounce. Keeping an eye on how price interacts with this level over the coming sessions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
4
Repost
Share
Comment
0/400
ProofOfNothing
· 18h ago
ngl, this round is either going to explode or die, feels like there's no middle ground
View OriginalReply0
SmartContractPlumber
· 18h ago
This order block logic is sound, but don't be fooled by the illusion of accumulation—how many times have you seen the big players create fake breakouts like this and then run away? Trading time for space sounds good, but in reality, poor permission control and improper position management are the real vulnerabilities.
View OriginalReply0
fork_in_the_road
· 18h ago
I'm directly going for this wave of order blocks, I feel like a rebound is really coming.
View OriginalReply0
MemeEchoer
· 18h ago
Holding AMBA calls, currently at a loss... but anyway, time is on my side.
This wave looks like a sweep for liquidity, a classic accumulation rhythm without a doubt. The bottom should be right here.
I'm optimistic about this order block, waiting for a rebound signal.
Been holding $AMBA calls through May expiry—down on them at the moment but figure there's no point cutting early since time's on my side anyway.
Thinking we could be setting up for a meaningful floor right here. The price action looks like it's just shaking out weaker holders by sweeping the sell-side liquidity, which honestly feels like classic accumulation behavior.
Technical setup still looks solid too. Bullish divergence is holding firm, which is a good sign the downside might be running out of steam.
Spotted an interesting orderblock forming in this area—could be a decent reference point if we do bounce. Keeping an eye on how price interacts with this level over the coming sessions.