$NAORIS 📉 Here's what I'm watching right now.
Price is -11% at 0.0300. Range-bound between 0.029-0.031 for hours. Market's asleep—but I see the setup.
📊 HTF Structure (4H/1D):
EMAs are flatlining—all clustered between 0.029-0.033. No trend. Supertrend just flipped to 0.0295, now acting as support. We're at a decision point.
🔍 LTF Structure (15m/1h):
Price coiling inside 0.0293-0.0305. Lower highs, but higher lows forming—symmetrical triangle. Bollinger Bands squeezing to 0.0293-0.0308. Break coming.
💣 Smart Money:
Look at funding. Every single period 0.005%—longs paying consistently. Price down 11% , funding positive? That's TRAPPED LONGS. They're holding bags, hoping for a bounce that's not here yet.
🎯 Key Levels:
Support: 0.0293 (range low), 0.0285 (psychological). Resistance: 0.0305 (range high), 0.0315 (EMA cluster).
💰 Funding Rate:
CRITICAL. Price down, funding positive = trapped longs are fuel. When we break, they'll panic. Direction depends on which level breaks first.
🎯 Trade Plan (Directional Break):
I'm not guessing direction. I'm letting the market tell me.
· If break ABOVE 0.0305:
· Entry: 0.0308
· Target: 0.0320
· Stop: 0.0298
· Reasoning: Shorts covering + FOMO
· If break BELOW 0.0293:
· Entry: 0.0290
· Target: 0.0280
· Stop: 0.0300
· Reasoning: Trapped longs liquidating
🧠 Psychology:
Market feels numb. Longs are bleeding funding but holding. That "it has to bounce" feeling? That's the trap. Smart money waits for the break, then follows.
⚠️ Conviction: 6/10.
No directional bias yet. Let price trigger the trade. Patience.
❌ Invalidation:
Range holds. Funding flips negative (would mean shorts trapped).
I'm parked with limit orders at 0.0290 and 0.0308. Let the market pick the direction.
