BNB / USDT Distribution Structure

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Distribution Structure on the intraday timeframes.

Huge mark up from accumulation formation, exchange tokens are slowing down whilst money flows into the DEFI sector, majors and midcaps.

I see supply on wide spread after over extended trend, stopping action caused reaction. We had a rally in the form of an upthrust, an ST as a sign of weakness and now have an ability to rally.

Profit taking advised.

Maybe good short oppurnity.

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