medium · Order Flow Analysis absorption-exhaustion-imbalance

A trader is monitoring the S1 pivot point at 4507.00. As price reaches this level, the footprint displays a stacked buying imbalance zone from 4506.75 to 4507.25 and a positive delta.

What does this indicate?

  1. The signal is noise due to being mid-range
  2. The pivot support is validated by institutional flow
  3. The support is weak and likely to break
  4. The level is being used for institutional distribution

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