Other Dominance (OTHER.D) –Liquidity Grab Before Potential Crash

🟡 Structural Analysis:

🔸 First, a CHoCH (Change of Character) occurred around the 7.87% level, formed by the break of the first key low and the failure to create a new high. This was the first warning sign of a trend change from bullish to bearish.

🔸 Then, by breaking the previous support low, the market formed an important BOS (Break of Structure) near 7.61%, confirming the start of a bearish trend.

🔸 After this break, the price entered a corrective/bullish phase and has now reached previous demand zones (now resistance). These areas are marked with yellow boxes on the chart. The current zone has strong resistance and a high probability of a bearish reaction.

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🔍 Possible Scenarios:

1️⃣ If the price rejects the resistance zone at 7.95–8.00% and shows ranging candles or bearish engulfing candles, a bearish continuation and formation of LH (Lower High) can be expected.

2️⃣ If the price manages a strong breakout above resistance and closes above 8.00%, the current bearish structure may become invalidated and a new bullish trend could start.

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🧠 Important Trading Notes:
• As long as the previous high (8.00%) is not broken, the dominant structure remains bearish.
• The best selling opportunity is near the current resistance with confirmation of bearish signals.
• If resistance is broken, proceed cautiously and wait for confirmation.

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📊 Analysis by: CryptoPilot
#PriceAction #SmartMoney #CHoCH #BOS #DominanceAnalysis #CryptoPilot #MarketStructure #TechnicalAnalysis

CryptoPilot

📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
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