To be honest, this structure doesn’t look very stable. The supply zone above has already clearly pushed the price back, and the trading volume during the rebound is pathetically weak—the bulls obviously can’t hold up anymore. Now the price is stuck grinding below resistance, and selling pressure has actually been quietly accumulating. It’s highly likely we’ll see another test of the lower demand zone. At this stage, it’s often when experienced players start to harvest profits.



Here’s how you can look at the trade:
Entry point: 281.45
First target: 264.00
Second target: 246.54
Stop loss set at: 293.09

#比特币对比代币化黄金 $TAO $VANA
BTC-0.58%
TAO0.28%
PUMP1.31%
VANA-2.24%
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SignatureCollectorvip
· 16h ago
Getting ready to go short.
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AirdropSkepticvip
· 17h ago
Stay out of the market and wait for another opportunity to enter.
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BearMarketSurvivorvip
· 17h ago
It is recommended to pay more attention to trading volume.
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MEVHunterNoLossvip
· 17h ago
This approach is spot on.
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SchroedingersFrontrunvip
· 17h ago
Entering long positions carries high risk.
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