ETHUSDT.P Top Down (10/06/25)V-Levels Bias
- Weekly = Bullish
- Daily - Bullish
- 10-Hour = Bullish
- 1-Hour = Bullish
V-Levels Momentum
- Weekly = Bearish FA
- Daily = Neutral
- 10-Hour = Neutral
- 1-Hour = IB Range (Neutral)
DeCode Market Breakdown
Macro Context
Weekly Chart
- Strong bullish MS, printing clean HHs and HLs.
- Price has rejected from the same V-Level multiple times.
- Rejections are paired with high relative volume and aggressive selling footprints → indicates strong passive interest above.
- This area is not ideal for aggressive long entries.
Daily Chart
- Still in bullish structure, holding above key POCs and range lows.
- The Failed Auction at IB lows has added fuel for upside momentum.
- However, we’re trading right into a potential liquidity pocket just below resistance.
- Context calls for a wait-and-see approach: either clear breakout or rejection confirmation.
Intraday Picture (10H & 1H)
10H Chart
- Still within an Inside Bar (IB) range.
- FA at range lows suggests momentum continues upward — but we are at the top of the range.
- Key risk: trap above range highs → ideal area for shorts if we get absorption and selling imbalance.
1H Chart
- Market is rotating inside the current IB range.
- No breakout confirmed yet.
- Best short setup: Rejection from IB Highs + Absorption on CVD / Footprint charts.
- Breakdown scenario: Short on range low breakdown with volume confirmation.
- Longs: Only valid if HTFs confirm breakout → then look for bullish retest or mid-retest entries.
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Summary & Trade Plan
Big Picture: Still bullish, but this isn’t the area to long blindly.
- Short Setup 1: Rejection from IB Highs with clear absorption + imbalance.
- Short Setup 2: Breakdown below IB Range Lows with volume follow-through.
- Long Setup: Wait for HTF confirmation of breakout. If confirmed → retest of prior resistance as support.
Final Notes
This is where traders get chopped. HTF resistance meets LTF momentum.
Let price prove itself. Let volume confirm the move.
No breakout = no long. No trap = no short.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.