Still looking to sell on rallies — nothing’s changedStill looking to sell on rallies — nothing’s changed. The level on the chart? That’s where buyers jumped in before. Makes sense to target it again.
So… why do we say there are "suffering buyers" at this level?
Let’s rewind a bit (see Chart #2) and imagine price at the point marked on the chart.
At that moment, price had clearly returned to a visible local level — 0.8123 — a zone that naturally attracted traders to jump in on the fly , or triggered limit orders .
But here’s what happened next:
Selling pressure overpowered buying interest — and price moved swiftly lower .
That’s when those buyers got caught.
That’s when the pain started.
🔍 What Makes This Level Special?
Broker data from open sources confirms that open positions are still sitting at this level — meaning a lot of traders are underwater, hoping for a recovery that may never come.
It’s not just technical structure.
It’s crowded sentiment , failed expectations , and trapped capital — all wrapped into one.
🧠 This is what we call a "suffering trader" zone — and it often becomes a magnet for future selling .
📌 Follow along for more breakdowns on flow, positioning, and market sentiment .
