$SWTCH — Range Expansion After Compression | Impulsive Breakout SWTCH spent an extended period compressing below the $0.014–$0.015 range, repeatedly failing to build momentum. That tight range acted as a liquidity pocket, and once sellers were exhausted near $0.0138, price launched into a clean vertical expansion, tagging $0.0206 in a single impulsive move.
This type of candle structure signals forced participation — stops triggered, late sellers trapped, and aggressive market buying stepping in. This is not gradual accumulation; it’s a range expansion breakout.
Post-expansion, the key read is acceptance vs rejection around the highs.
What the structure tells us: • Long compression below $0.015 → energy build-up
• Liquidity sweep near $0.0138 → downside cleared
• Vertical impulse = breakout confirmation, not noise
• No immediate deep retrace → strength holding
Key levels to track: • Breakout base: $0.0160 – $0.0170
• Acceptance zone: Above $0.0185
• Liquidity high: $0.0206 – $0.0210
• Continuation trigger: Hold & build above $0.0200
• Invalidation: Back below $0.0160
If SWTCH holds above the breakout base and starts consolidating instead of retracing, the structure favors continuation toward higher liquidity zones rather than a full mean reversion.
Momentum is strong, but now patience matters — let price show acceptance before chasing 📊🧠
Trade
#SWTCH here
$INX $PIGGY