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
BTC0.69%
TAO-1.34%
PUMP-2.07%
VANA-2.91%
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TokenomicsShamanvip
· 7h ago
Bearish, continue to short
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SignatureCollectorvip
· 12-06 17:10
Getting ready to go short.
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AirdropSkepticvip
· 12-06 17:04
Stay out of the market and wait for another opportunity to enter.
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BearMarketSurvivorvip
· 12-06 17:03
It is recommended to pay more attention to trading volume.
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MEVHunterNoLossvip
· 12-06 17:00
This approach is spot on.
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SchroedingersFrontrunvip
· 12-06 16:43
Entering long positions carries high risk.
View OriginalReply0
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