$ZAMA : Accumulation under resistance. Short from the supply zone.
The market has completed a phase of active decline and has transitioned into sideways consolidation. However, the structure remains bearish: each bounce meets strong supply at lower levels, and the buyer is unable to form a sustainable peak.
On the four-hour chart, the price is held below EMA(25) and EMA(99), which are both directed downwards. The zone 0.0187 – 0.0191 coincides with the local maximum of consolidation and the Fibonacci level 0.382 from the last downward movement. Volumes on attempts to rise are decreasing, while at the touch of the lower boundary 0.0180, only defense is recorded, but not a counter-offensive.
Entry: 0.0187 – 0.0191
Targets:
TP1: 0.0180
TP2: 0.0165
TP3: 0.0145
Stop-loss: 0.0218
Breaking the level of 0.0218 will break the structure of lower maxima and indicate a return of the buyer.
Consolidation under resistance is not a rest, but a regrouping of the seller.
What signals to you indicate entry during consolidation – touching the upper boundary or losing the lower one?
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