$MINIMAX 5.1% breakout on 2.9x volume — buyers are showing serious strength
My 1H bias remains bullish. MINIMAX pushed above the 40.16 high with strong volume and fresh momentum, suggesting continuation rather than immediate exhaustion.
However, the bigger picture is still mixed because the daily structure remains bearish. That makes this a counter-trend 1H setup, so I would rather buy confirmation on a pullback than chase the move around 40.42.
Key levels:
Entry zone: 39.88–38.99
Liquidity zone: 38.85–38.04
TP1: 40.77
TP2: 41.32
TP3: 42.21
The ideal setup is a sweep into the 38.85–38.04 liquidity area followed by a bullish engulfing candle or lower-timeframe market-structure shift. That would give the long setup stronger confirmation.
Flow is also supporting the move:
OI: $6.3M (+2.2% 24h)
Funding: -0.0598%
Taker ratio: 1.91x
Buyers remain dominant while shorts are paying, creating additional squeeze potential if momentum continues.
Invalidation: A 1H close below 38.04 would invalidate the bullish thesis and shift my bias bearish.
No confirmation, no chase. Let the pullback come to us.
#MINIMAX #CryptoTrading #Altcoins #BinanceSquare #Crypto $MINIMAX
My 1H bias remains bullish. MINIMAX pushed above the 40.16 high with strong volume and fresh momentum, suggesting continuation rather than immediate exhaustion.
However, the bigger picture is still mixed because the daily structure remains bearish. That makes this a counter-trend 1H setup, so I would rather buy confirmation on a pullback than chase the move around 40.42.
Key levels:
Entry zone: 39.88–38.99
Liquidity zone: 38.85–38.04
TP1: 40.77
TP2: 41.32
TP3: 42.21
The ideal setup is a sweep into the 38.85–38.04 liquidity area followed by a bullish engulfing candle or lower-timeframe market-structure shift. That would give the long setup stronger confirmation.
Flow is also supporting the move:
OI: $6.3M (+2.2% 24h)
Funding: -0.0598%
Taker ratio: 1.91x
Buyers remain dominant while shorts are paying, creating additional squeeze potential if momentum continues.
Invalidation: A 1H close below 38.04 would invalidate the bullish thesis and shift my bias bearish.
No confirmation, no chase. Let the pullback come to us.
#MINIMAX #CryptoTrading #Altcoins #BinanceSquare #Crypto $MINIMAX