_Checkmate 🟠🔑⚡☢️🛢️|May 06, 2026 11:26
Bear first line of defense was 78k, in line with the STH cost basis, and True Market Mean.
Their second line of defense is the 200DMA at 83k, which I'd extend to 85k given the large supply cluster in that zone.
Lose that, and the Bears Last Stand is 95k at the 50WMA...
...by the time you get to the Bear Last Stand...you just have to ask yourself...how did we end up here?(_Checkmate 🟠🔑⚡☢️🛢️)
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