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LedgerBull

$UP showing mild weakness with fading upside momentum.


Structure remains bearish with sellers defending local highs.

EP
0.1680 – 0.1720

TP
TP1 0.1640
TP2 0.1600
TP3 0.1550

SL
0.1760

Liquidity above 0.172 remains untapped while price continues forming lower highs. Weak reactions on bounces suggest continuation to the downside if resistance holds.

Let’s go $UP ‌
UP26,65%
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ColdWalletInTheAutumnBreeze
· 8h ago
It is reasonable for SL to be set at 0.1760, allowing a little room for a false breakout; otherwise, it’s easy to get stopped out by a quick spike.
View OriginalReply0
AirdropsAfterTheTideRecedes
· 18h ago
This EP range is quite narrow; waiting for a pullback confirmation before entering is more stable.
View OriginalReply0
TheSkyInsideTheMirroredSphere
· 04-18 09:40
Got it. A weak rebound really indicates a problem; wait for it to give another high point before adding to your position.
View OriginalReply0
PrivateKeyInAGlassBottle
· 04-18 09:38
This ticket is quite volatile; it is recommended to buy and sell in batches, or a single spike could ruin your mindset.
View OriginalReply0
ReflectiveKey
· 04-18 09:08
Always lower highs, don't hold on when the rebound lacks volume; a bearish bias is not wrong.
View OriginalReply0
ForkingDrama
· 04-18 07:18
If the price closes above 0.172 with increased volume, I will first withdraw my bearish view; going with the trend is stronger than stubbornly holding on.
View OriginalReply0
GateUser-26374bb4
· 04-18 07:16
The short position strategy is clear; above 0.172, there is indeed liquidity that hasn't been swept.
View OriginalReply0
Salt-BakedSentimentChart
· 04-18 07:10
TP3 0.1550 is a bit deep, but if we continue to follow the L/H structure, there's a real chance of catching it.
View OriginalReply0
RecedingTideReflection
· 04-18 07:08
If the 0.1680-0.1720 range repeatedly consolidates sideways, it may first shake out a bunch of people before moving in a direction.
View OriginalReply0
RecedingTideAfterTheRain
· 04-18 07:02
The seller holding the high point is too obvious; the rebound feels like it's "gasping," and it seems like it will be pushed down further.
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