NQ 10/7

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NQ 10/7E-mini Nasdaq-100 FuturesCME_MINI_DL:NQ1!StudyGuideTADistribution is looking for support while shorts are planning their next move. Will supporters in their long pants be influential enough to change the trend? The daily (red) support under price is currently holding it up and price needs a 4hr BS or FS candle to continue to ladder up from. If price falls to a 4hr (orange) trend, then price will need to create a 1hr support candle to ladder from, then can price break our of the 1hr distribution trend. Will price deep dive the trend to the nearest support level though and then regain the trend? Some call that a liquidity trap. I would be concerned for that scenario since the chart suggests its possibility. The shorts at top marked with the Inv BS and Inv FS levels look fairly clear but they are hourly levels (yellow) against a daily (red) or 4hr (orange) level which are stronger in timeframe/strength.