This morning, while many traders are worried about the market dropping, I have 2 Short positions still running:
📉 $BR 📉 $AKE
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Sitting on support that's held clean so far, but I'd want to see buyers actually step in before getting too excited. If momentum kicks back without another test lower, continuation looks real.
Buyers have been quietly absorbing supply into this area and the pullback hasn't shown the kind of aggression that typically precedes a deeper unwind. If that absorption dries up and sellers start moving price through the zone with conviction, the read breaks down.
Support's holding so far but I'm watching how it reacts if we test it again — if it breaks clean with sellers stepping in hard, the structure flips. For now the pullback feels shallow enough to keep the bias intact.
If we get a hard flush through this zone with volume, I'm out—but right now the tape's not showing that kind of selling. Structure's holding, buyers keep stepping in on dips, and the path of least resistance still feels like it's up.
This looks like price holding at a support zone where buyers have shown up before, with the structure still leaning in their favour. If continuation plays out, you'd expect buying pressure to build back in rather than another leg down—momentum shifts from defensive to expansion mode without much hesitation around here.
Is this zone going to hold or are we about to see another leg down? Structure says corrective pullback, not breakdown mode. Buyers keep stepping in here and the reaction feels like accumulation rather than distribution.
Support's holding but I'm waiting to see if buyers can actually reclaim momentum here. If price starts expanding with conviction instead of grinding sideways, that's when the structure shifts back in their favor.
Price has been grinding support without any real follow-through from sellers, which usually means they're running out of steam. If that changes and we see momentum flip with a clean break lower, the setup's dead. Until then, continuation makes more sense than reversal.
Price is sitting on support that's held cleanly so far, and the bands are stacked upward which usually means buyers are still in control. What I'm watching is whether this zone absorbs selling or just crumbles through—if momentum shifts and sellers take over cleanly, the setup falls apart.
Watching how this support zone behaves if buyers step back—if it gives way cleanly with momentum rotating to sellers, the read breaks down. Right now the pullback feels corrective and pressure's easing into the zone, so leaning into continuation until that changes.
$FET holding structure here—pullback's been orderly rather than chaotic, and buyers are stepping in at the zone. Watching to see if consolidation tightens or if we drift lower and lose it.
Liking this as long as support holds and we don't see a clean break lower with sellers driving momentum. If that zone gives way and price starts moving impulsively down, the read's off.
Are we seeing the floor finally hold here? The pullback's losing steam as it tests this zone, and buyers are starting to lean in where sellers were running the show. Momentum's quietly flipping—feels like the path of least resistance just shifted back up.
What happens if support here just crumbles instead of holding?
Then you'd see volume flip, momentum would shift hard to sellers, and price would slice through rather than bounce. But that's not what's happening — pullback looks shallow, pressure's rotating back to buyers, and the structure's still intact for continuation.
Seller pressure's thinning out here and buyers are starting to show up around support. Feels more like a pause than a reversal. Worth watching if momentum flips back bullish from this area.