$CLOUD Fighting for Trend Reversal
Analyzing the 1m chart for $CLOUD via @CoinAnk reveals a highly structured, hard-fought battle between supply and demand. Bulls are actively trying to lock in a structural shift.
Here is the quick breakdown:
➥The Foundation: Sellers pushed hard down to $0.26935, where immediate absorption occurred. This initiated a steady, clear higher-low sequence.
➥The Resistance Block: Price is currently colliding with overhead resistance at $0.28719 a critical psychological and technical pivot level.
➥The Volume And OI Profile: Open Interest is locked flat at 42.69M. This lack of aggressive OI degradation suggests short covering and spot accumulation rather than panicky liquidations.
➥ Key Level to Watch: A clean breakout and hourly hold above $0.29700 invalidates the recent local downtrend, likely triggering a rapid short-squeeze. Until then, expect choppy accumulation within the $0.279–$0.287 range.
Real-time order flow and LTF structures monitored via @CoinAnk : https://t.co/Ach8lf2CWJ
#CryptoTrading #bullrunsignal
