【$CLANKER Signal】Short Position + Volume Stagnation with Price Resistance
After a volume surge on the 4H timeframe, the price retraced below the previous high, forming a clear resistance pattern. Buying momentum has weakened, Taker sell volume dominates, and the negative funding rate indicates long leverage is being liquidated.
🎯 Direction: Short
The price failed to hold above the 36.44 high, with 4H candles closing lower consecutively and decreasing volume. The order book shows significantly more sell pressure above (33.5-33.65) than buy orders below (33.3-33.45), indicating a lack of immediate demand to push higher. Open interest remains stable while the price declines, combined with a negative funding rate, this is a typical long leverage liquidation phase, not a healthy correction. There is no clear bullish structure at the moment; wait for more definitive price action signals.
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【$CLANKER Signal】Short Position + Volume Stagnation with Price Resistance
After a volume surge on the 4H timeframe, the price retraced below the previous high, forming a clear resistance pattern. Buying momentum has weakened, Taker sell volume dominates, and the negative funding rate indicates long leverage is being liquidated.
🎯 Direction: Short
The price failed to hold above the 36.44 high, with 4H candles closing lower consecutively and decreasing volume. The order book shows significantly more sell pressure above (33.5-33.65) than buy orders below (33.3-33.45), indicating a lack of immediate demand to push higher. Open interest remains stable while the price declines, combined with a negative funding rate, this is a typical long leverage liquidation phase, not a healthy correction. There is no clear bullish structure at the moment; wait for more definitive price action signals.
Trade 👇 $CLANKER
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