LONG #NFPUSDT Level breakdown
LONG #NFPUSDT from $0.5937 stop loss $0.5914
15m TF. The instrument has formed a cascade of two resistance levels, behind each of which I expect to see the stops of the participants' shorts. Active compression (consolidation of new price lows) and local volume spikes indicate buyers' interest in updating current highs.
I expect to see consolidation, increased activity and volumes in the glass before the breakdown of each of the levels.
15m TF. The instrument has formed a cascade of two resistance levels, behind each of which I expect to see the stops of the participants' shorts. Active compression (consolidation of new price lows) and local volume spikes indicate buyers' interest in updating current highs.
I expect to see consolidation, increased activity and volumes in the glass before the breakdown of each of the levels.
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