$DOS still looks heavy here.
that 0.264 spike got sold almost instantly, price even wicked down near 0.2009, and every bounce since then has struggled to get back above the 0.239–0.240 area.
right now it is sitting around 0.226 and the 1H structure still looks more like lower highs than a real recovery.
I would not call this bullish just because it bounced from the wick.
for me 0.240 is the line that changes the mood. below that, sellers still look like they have the easier job.
$TUT
$UAI
that 0.264 spike got sold almost instantly, price even wicked down near 0.2009, and every bounce since then has struggled to get back above the 0.239–0.240 area.
right now it is sitting around 0.226 and the 1H structure still looks more like lower highs than a real recovery.
I would not call this bullish just because it bounced from the wick.
for me 0.240 is the line that changes the mood. below that, sellers still look like they have the easier job.
$TUT
$UAI