Smart Money Block & True Value Line Setup
I’m targeting a key smart money block with the red line acting as the true value line around 89,400. This level represents a significant liquidity zone where institutional players are likely positioning themselves.
Why This Level Matters
• This area has previously acted as resistance, meaning it’s where smart money may have distributed or absorbed liquidity.
• If price revisits this level, it could trigger stop hunts or liquidity grabs before making a decisive move.
Current Price Action
• Right now, price is sitting around 85,438, trading below the true value line.
• The green zone represents a potential long setup, with a target back toward the red line where liquidity sits.
• The red zone below 80,570 acts as a stop-loss area, protecting against further downside.
Key Scenarios:
1. Rejection at 89,400 → If price taps into the smart money block and fails to break higher, this confirms a bearish structure and could lead to a deeper drop.
2. Break and Hold Above 89,400 → If price clears this level and consolidates above, it could indicate accumulation for a bullish move.
What to Watch For:
• Liquidity sweeps around the red line—price might wick above to clear out stop losses before reversing.
• Volume and order flow confirmations—whether buyers or sellers are in control at this level.
This setup follows smart money concepts, focusing on liquidity and institutional price action rather than retail-driven moves. The key is to wait for confirmation at the red line before committing to a directional bias.