Timestamp: 30 Aug 2025 (IST)
Timeframe: 4H and 1D
Context: Lower highs since the mid-Aug top near 0.25. 24h range is tight. Funding mildly positive. Open interest off the peak but still firm.
Levels
Resistance: 0.223–0.225, 0.230, 0.250
Support: 0.210–0.212, 0.205, 0.200
Setups
Breakout: 4H close above 0.225 with rising OI and volume → 0.230 then 0.250.
Invalidation: 4H close back below 0.221 or OI drops / funding flips negative.
Range buy: Reactive wick into 0.210–0.212 with seller exhaustion → bounce to 0.223–0.225.
Invalidation: 1H close below 0.210.
Breakdown: 1H/4H close below 0.210 on rising volume and net exchange inflows → 0.205 then 0.200.
Invalidation: Swift reclaim of 0.210 with OI divergence against shorts.
Risk
Risk per trade = 1R at your invalidation. Target 1.5R–2R on momentum. Take partial profits at each level. Trail behind the last HL/LH. Avoid chasing if funding or OI spike without matching price advance.
Timeframe: 4H and 1D
Context: Lower highs since the mid-Aug top near 0.25. 24h range is tight. Funding mildly positive. Open interest off the peak but still firm.
Levels
Resistance: 0.223–0.225, 0.230, 0.250
Support: 0.210–0.212, 0.205, 0.200
Setups
Breakout: 4H close above 0.225 with rising OI and volume → 0.230 then 0.250.
Invalidation: 4H close back below 0.221 or OI drops / funding flips negative.
Range buy: Reactive wick into 0.210–0.212 with seller exhaustion → bounce to 0.223–0.225.
Invalidation: 1H close below 0.210.
Breakdown: 1H/4H close below 0.210 on rising volume and net exchange inflows → 0.205 then 0.200.
Invalidation: Swift reclaim of 0.210 with OI divergence against shorts.
Risk
Risk per trade = 1R at your invalidation. Target 1.5R–2R on momentum. Take partial profits at each level. Trail behind the last HL/LH. Avoid chasing if funding or OI spike without matching price advance.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.