$BONK
Everything revolves around how the price closes the daily in that area.
That box is not a level where you should force an idea, but an area where the market decides which side to take.
If the price manages to hold the box, falls back and shows strength, there is nothing to anticipate. You wait, let the area be flipped and only then, calmly, go looking for the long trigger. Here, the advantage is clear: you only enter when the market confirms that it wants to stay above.
If, on the other hand, the daily closes below the yellow box, the context changes. That same area ceases to act as support and becomes a possible selling zone. Again, you don't enter on impulse: you wait for the retest from below and, if the price is rejected, that's where the short makes sense.
The plan is always the same, the logic doesn't change.
Only the direction changes.
You don't choose whether to be long or short: it's the price that tells you when and which way to move.

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

