ANSEM chart attracts attention after weeks of accumulation

The memecoin ANSEM is not at the top of many traders’ watchlists, but the chart is now beginning to attract attention nonetheless. After a sharp decline, the price has spent weeks building a stable bottom, with compressed volatility and a support level that keeps holding. One analyst sees a specific scenario that could make the risk/reward ratio genuinely attractive.

In brief:

• ANSEM has been forming an accumulation phase with low volatility for weeks after a sharp decline
• An analyst is waiting for a liquidity sweep below the lows, followed by a quick return to the range
• Only in that scenario does she see room for a significant upward move

Weeks of accumulation after steep decline

On the 4-hour chart of ANSEM against Solana, it is clear to see how the price has entered a relatively quiet sideways movement after a period of heavy selling pressure. Volume is drying up, the swings are getting smaller, and a support level continues to hold. That pattern is catching the attention of analysts looking for coins that are recovering.

Nevertheless, analyst eliz883 on X does not yet see this as the ideal entry point. She finds entering in the middle of an accumulation phase less interesting, because confirmation is still lacking. She prefers to wait for a clearer signal before taking action.

Liquidity sweep as the ideal entry point

The scenario she is hoping for is a brief break below the current lows, a so-called liquidity sweep. This would trigger the stop-losses of many traders, causing a rapid and panicked wave of selling. If the price then quickly returns above the support level, that is her signal that the market is defending this level and that larger players are building positions.

Only if that dip is recovered quickly and forcefully does she consider the risk/reward ratio attractive enough to enter. Only then does she see room for a solid rise. As long as that confirmation fails to materialise, ANSEM remains a coin for her to keep an eye on, but not yet one to trade.