USDJPY: The 159.00 Death Zone – Is the BoJ Lying in Wait?USD/JPYOANDA:USDJPYHorazioThe setup is clear: we are likely seeing a distribution phase before a flush. I wouldn't be surprised to see a quick "stop-hunt" spike above 158.90 - 159.00 to trap the breakout traders. Followed by an immediate rejection back down through the bottom of bearish flag. ATM the micro-structure on TF 15m and 1h isn’t just noise, but buyer's exhaustion. Now the PA is slamming right into the 9 January 2025 Lower High (159.00), a level that has massive institutional memory. This is exactly where the smart money offloads their bags to late retail buyers. The price action here is sluggish, and that flag suggests the buyers are running out of ammo to push through the Intervention Fear zone without a major correction first. Possible movements: Entry : bellow 159.00 SL : 50 - 70 pips MAIN TP : 157.95 2ND TP : 157.30 (near the lower intersection with the ascending trend line) A breakout above 159.5 will invalidate the setup.