TIA · 1H · DOWNTREND

The previous long read ran cleanly — Target 1 at 0.6429 was reached, and the structure held up to that point. But what came after is the story now: price rolled hard from the 0.75 spike, printed a clear sequence of lower highs and lower lows all the way back to 0.5357, and is sitting at 0.5458 with that breakdown intact. The daily trend is still technically up, and the Eden/AI narrative gave this a real catalyst, but on this 1H chart I'm watching a distribution structure that has rejected every bounce attempt since the 0.75 high. The liquidation map makes this more interesting than the chart alone: there's a dense cluster at 0.5463 — essentially right at current price — and another at 0.5297 below. That 0.5463 cluster is a known stop-hunt zone, and price grinding into it right now is exactly the kind of setup that precedes a flush. But I'm not shorting into a daily uptrend without a cleaner rejection signal, and I'm not long here with the lower highs still intact on this timeframe. My read is to wait for the structure to show its hand.