VET / USDT
Timeframe: 15m – 1h
Trend:
• Current Bias: Bearish (Strong Sell Structure).
• Key Levels: Resistance: $0.0130 - $0.0133 | Support: $0.0118 (Yearly Lows).
Liquidity Map:
• Upside Liq: Stop-loss cluster above $0.0135.
• Downside Liq: Resting liquidity below $0.0120.
• Hunt Potential: Price seeking lower support after rejecting $0.0130.
Funding & OI:
• Funding: Neutral/Negative (Shorts paying Longs).
• OI: Decreasing (Long liquidation cascade).
Technical Indicators:
• RSI: ~38 (Bearish momentum).
• MACD: Signal line rejecting zero level.
• Volume: Moderate sell volume.
Trade Setup:
• Entry: $0.0127 - $0.0129 (Bearish OB retest).
• Take Profit (TP): $0.0118.
• Stop Loss (SL): $0.0136.
• Bias: SHORT
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• Reason: Failure to reclaim $0.0130 pivot. Market structure favors downside continuation to sweep annual lows.
Risk Note:
Strict SL. Do not catch a falling knife.