The Elephant Jungle 7/3/26 Page 3

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The Elephant Jungle 7/3/26 Page 3BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420Now that we have dropped down to the 1H Time Frame, things start getting even more interesting. The Bears were not only kind enough to leave behind an entire Internal Supply Range with a 1D Order Block sitting inside it, but they also got a little sneaky and left behind a 2H Order Block as well. That adds even more confluence to my theory that we could see a rejection from the bottom of the 1D Internal Supply Range. But the Bulls were playing chess too. They quietly left behind their own 2H Order Block, and it lines up perfectly with the Inside Range POC. That creates a potential battlefield where buyers could step back in if the Bears manage to reject price from the Internal Supply Range. The big question is, if the Bears do knock the Bulls back down, will that 2H Order Block produce a strong enough bounce to send price higher, or will it simply create a nice scalp before price continues down into the 12H Order Block for the real bounce? That is the battle I will be watching closely.