$WOJAK has printed a clear sequence of lower highs + lower lows since the local top near ~0.011. Each bounce on @wojakcto chart show declining follow-through and volume spikes mostly appearing on sell legs: a classic distribution behavior. The latest reaction off ~0.0065 shows buyers defending that zone, but momentum hasn’t flipped until a higher high forms and volume expands on green candles. When a market trends down this cleanly, do you watch support strength or wait for structure to break before trusting reversal signals? 🔗DEX:
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Structure rarely lies, even when sentiment does.
$WOJAK has printed a clear sequence of lower highs + lower lows since the local top near ~0.011.
Each bounce on @wojakcto chart show declining follow-through and volume spikes mostly appearing on sell legs: a classic distribution behavior.
The latest reaction off ~0.0065 shows buyers defending that zone, but momentum hasn’t flipped until a higher high forms and volume expands on green candles.
When a market trends down this cleanly, do you watch support strength or wait for structure to break before trusting reversal signals?
🔗DEX: