VFYUSDT.P: short setup from daily support at 0.08772

לפני 4 ימים

VFYUSDT.P has a strong level—its All-Time Low.
Below it, there are no support levels that could slow the decline, so the fall could be very sharp.
Today, there was a good test of the level: the price came right up to it, consolidated on low volatility, confirming it cleanly, and then made a weak pullback.
This weak pullback signals an absence of buyers who might "save" the asset, which is why there could be a good short opportunity here.

Key factors for this scenario

• Global & local trend
  
• Price void / low liquidity zone beyond level
  
• Asset decoupled from the market (relative strength/weakness vs. BTC)
  
• Volatility contraction on approach
  
• Immediate retest
  
• Prolonged consolidation
  
• No reaction after a false break

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לפני 4 ימים

הערה

Since the analysis was published, VFYUSDT.P has not approached the key level.
Instead, the asset continues to be in a narrow consolidation, practically standing still.
I have set an alert and continue to wait for the situation to develop.

לפני 3 ימים

הפקודה בוטלה

There was no entry point, and the asset subsequently rose sharply.

שלשום

הערה

I canceled the scenario prematurely. Although the asset pulled back far from the level, it didn't break the key invalidation point, which for me was the upper channel boundary.
Only a breakout of the upper channel boundary should have been the signal for a new analysis.
I admit my mistake.
Currently, the asset is returning to the level, and the initial idea might still play out. I'm continuing to wait.