GME Solid: Sons of Liquidity — Weekly StructureGameStop Corp. Class ABATS:GMEHotsauceShoTYME Note: This is part of a series this chart references prior charts so you might want to read them to better absorb the information presented Note on Current Noise Around GME: There has been a noticeable increase in social media noise around GME lately — particularly bold directional claims made without structural context. This post is not an attempt to predict where GME is headed. The goal is to frame the current structure so traders can identify higher-quality entries, exits, and risk management points. Blanket calls that GME is “going to $17” or “going to $33” — without clearly mapping the intervening levels and conditions — oversimplify a very technical tape. While those outcomes are always possible in a volatile name like GME, they ignore the reality that price typically interacts with multiple decision zones along the way. Based on the current structure, levels such as 20.41, 25.48, 28.13, and 31.83 represent meaningful areas where order flow and participation can shift. Price may accelerate through them — or pivot sharply at any of them. As much as I would like the price to go to 17 for cheap accumulation, we value process and patience over prediction, emotions and calling out the low. Having said that let's proceed. Preface This is a weekly structural read, building on the prior macro and monthly work. The focus here is price behavior around key inflection zones and what current participation suggests about regime conditions. This is not predictive and not financial advice — the goal is to document structure, not forecast outcomes. Weekly Context On the weekly timeframe, GME continues to trade within the broader corrective structure outlined in prior posts. Price has largely rotated between: the 0.382 retracement (~20.41) of the 2024 impulse and the golden pocket resistance region More recently, price has also spent time below the 0.5 retracement, reinforcing the idea that upside momentum remains contested. The “Sons of Liquidity” — Demand Defense One of the more notable behaviors on the weekly is the repeated responsive defense near 20.41 (0.382) and the associated demand zone. These responsive buyers — what I’m referring to as the “Sons of Liquidity” — have consistently appeared as price approaches lower channel structure. Key observations: Demand tests tend to show higher relative volume Downside probes are often contained and reclaimed Price repeatedly rotates back toward equilibrium after tests lower This behavior suggests active demand participation at lower levels. Supply Behavior (The Phantom Pain Still Exists) At the same time, overhead supply — the previously identified Phantom Pain structure — continues to cap advances. However, relative to demand behavior: Supply rejections have generally occurred on lighter volume Upside failures have lacked strong expansion Price has continued to compress rather than trend cleanly lower Taken together, the current tape suggests that demand defense has recently been more active than supply pressure, though neither side has achieved decisive control. Regime Read — Declining Energy Absorption The most consistent interpretation of the current structure is declining energy absorption within a controlled range. Evidence supporting this view: Repeated demand defense without sustained markup Overhead supply still respected Weekly volume flattening (and declining on shorter averages) CVD behavior remaining compressed rather than trending Price continuing to rotate between key retracement bands This profile aligns more closely with late-stage compression than with clean distribution or confirmed re-accumulation. Momentum Context (RSI) Momentum has improved modestly on the weekly. RSI has: previously shown bullish divergence reclaimed the EMA moved back above the 50 midpoint and has so far held that region on pullbacks This represents momentum repair, but not yet full bullish regime expansion. For a stronger momentum confirmation, RSI would need to: hold above 50 consistently and begin pushing into higher bull-range territory Bottom-Line Read: Current weekly structure continues to reflect: active responsive demand near lower structure persistent but not dominant overhead supply and gradually declining participation within the range Until one side achieves clear acceptance beyond the current boundaries, the tape continues to favor rotation and compression over directional expansion, and trade efficiency remains limited in the middle of the structure.