📉 3.3x Unusual Selling Volume on
$ZEREBRO , what just happened?
- Based on the current structure and the massive sell spike, I expect the price to continue falling in the short term and test the demand area at 0.026096.
- If selling pressure continues, price could extend towards 0.024950 and possibly the most recent swing low at 0.022570, where a major liquidity sweep could occur.
- If you’re looking to short, consider entries on a weak bounce to 0.027757 or 0.028448 and set your take profit at 0.026096, then 0.024950, and then 0.022570. Place your stop at a swing high, such as just above 0.028448, to protect against sudden reversals.
- Only switch to a bullish bias if there’s a strong reversal candle or price quickly reclaims 0.028448 with a strong close and volume. Until then, any bounce is likely to be sold off.
- The 3.3x volume spike, paired with the -4.7% drop, strongly suggests this is either smart money distribution or late panic selling—most likely the former, as smart money will often trigger liquidity events before reversing. Watch for a potential fakeout below 0.022570 followed by sharp reclaim if you want to counter-trade.
📝 This is not investment advice, just an educational report based on technical and order flow analysis. Always wait for confirmation before entering a trade and use proper risk management!
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