Pulling this horizontal channel on the log chart, we see we are currently at the top of the channel, while also sweeping previous highs within a bearish Weekly order block. If we fail to close above this zone, the next draw on liquidity with multiple confluences (fvg, bb, ote, golden pocket) is around 30k for BTC.
Shiny new airdrop coin, HTF expecting an initial dump on launch, into an accumulation phase, into a short squeeze liquidation pump into a 1:1 extension target drawn from swing low to swing high. Trigger for long: H1/H2 sweep, demand zone at range lows.