🔻 Sell-Side Analysis – June 17, 2025
🧠 Context & Market Structure
Price rejected major resistance around 3415–3448 zone.
SL Hunt zone marked at mid-levels around 3400–3408, showing manipulation.
Current price: ~3397, after bouncing from the Daily Flip (support) at ~3388.
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📉 Bearish Case Setup
1. Distribution Pattern at the Top
The upper resistance zone has been tested multiple times without a breakout.
Clear sign of exhaustion, with possible Smart Money Distribution.
2. Lower High Formation
After breaking the short-term demand (green box), price formed a lower high near 3404–3405.
Bearish market structure forming.
3. Consolidation Breakdown Likely
Price is currently inside a small consolidation box (3393–3402).
Failure to break and hold above 3402 = bearish continuation.
Look for breakdown retests below 3393 to confirm.
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🔻 Sell Zones
Zone 1: 3402–3405 = good supply/retest area for shorts.
Zone 2: 3410–3413 = high-risk re-entry (SL hunt zone retest).
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🎯 Targets for Shorts
TP1: 3388 (Daily Flip)
TP2: 3373–3375 (next volume node and support block)
TP3: 3365 (if full breakdown with momentum)
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🛡️ Invalidation
Clean break and hold above 3405–3410 invalidates bearish bias short term.
If price reclaims SL Hunt zone and flips it, bullish continuation is likely.
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🔍 Volume + Order Flow Notes
Volume spikes around support zone hint at buyer absorption, not dominance.
Bullish bounce lacked follow-through = potential sign of weak buyers.
🧠 Context & Market Structure
Price rejected major resistance around 3415–3448 zone.
SL Hunt zone marked at mid-levels around 3400–3408, showing manipulation.
Current price: ~3397, after bouncing from the Daily Flip (support) at ~3388.
---
📉 Bearish Case Setup
1. Distribution Pattern at the Top
The upper resistance zone has been tested multiple times without a breakout.
Clear sign of exhaustion, with possible Smart Money Distribution.
2. Lower High Formation
After breaking the short-term demand (green box), price formed a lower high near 3404–3405.
Bearish market structure forming.
3. Consolidation Breakdown Likely
Price is currently inside a small consolidation box (3393–3402).
Failure to break and hold above 3402 = bearish continuation.
Look for breakdown retests below 3393 to confirm.
---
🔻 Sell Zones
Zone 1: 3402–3405 = good supply/retest area for shorts.
Zone 2: 3410–3413 = high-risk re-entry (SL hunt zone retest).
---
🎯 Targets for Shorts
TP1: 3388 (Daily Flip)
TP2: 3373–3375 (next volume node and support block)
TP3: 3365 (if full breakdown with momentum)
---
🛡️ Invalidation
Clean break and hold above 3405–3410 invalidates bearish bias short term.
If price reclaims SL Hunt zone and flips it, bullish continuation is likely.
---
🔍 Volume + Order Flow Notes
Volume spikes around support zone hint at buyer absorption, not dominance.
Bullish bounce lacked follow-through = potential sign of weak buyers.
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.