$QI 2.8x volume with a 25% surge shows strong buying pressure, but the pullback will decide whether the move can continue
My 1H bias is bullish, but this remains a counter-trend bounce against bearish daily, weekly, and BTC structure. I’m not chasing the vertical spike. The setup becomes interesting only after a clean retracement and lower-timeframe bullish confirmation.
First zone to watch: 0.001438–0.001378 around the unfilled imbalance and prior supply. If buyers defend this area, the next upside levels are 0.001800 and 0.002000.
Ideal entry: 0.001401–0.001341 after a liquidity sweep near 0.001317 or a strong reaction from demand, followed by a 5M–15M bullish engulfing candle, MSS, or micro higher-low.
If price keeps selling through 0.001341 with expanding range, the setup is invalid. A 1H close below 0.001248 would flip the bias bearish.
The key is simple: let the spike cool down, wait for the sweep-and-reclaim, then let price prove the trend before taking risk.
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