Current price action inside a massive distribution zone.
Key observations using volume + anchored structure:
Price rejected hard from the purple prior high-volume node (~98,000–100,000) — classic institutional distribution resistance
Multiple liquidity sweeps marked with "x" (green below, red above) — shows aggressive stop-hunting before continuation
ABS labels highlight absorption candles: high volume + low range = institutions defending levels
VWAP anchored from the Dec swing low is now heavily deviated (-11.64%) — deep extension, classic mean-reversion candidate
POC sits at 87,763 — price is now below it → bearish bias confirmed unless reclaimed
Confluence score currently 0 (no strong reversal signals yet)
Bias: Bearish until we see absorption + reclaim of POC or VWAP.
Watch zones:
First support: 84,000–85,000 (prior VA low + fib cluster)
Deeper target: 78,900–80,000 (next high-volume shelf)
Still early in the month — distribution phase looks intact.
Volume profile + anchored VWAP remain the cleanest way to read institutional intent here.
What are you seeing? Any key level I'm missing?
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thecantillonreport.substack.com/?utm_source=tradingview
cantillonresearch.com/
youtube.com/@cantillonresearch
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Daily top picks analysis → free & paid tiers
Custom Institutional volume terminal included with paid sub
thecantillonreport.substack.com/?utm_source=tradingview
cantillonresearch.com/
youtube.com/@cantillonresearch
Custom Institutional volume terminal included with paid sub
thecantillonreport.substack.com/?utm_source=tradingview
cantillonresearch.com/
youtube.com/@cantillonresearch
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
