Heavy resistance stacked around 23.00–24.00. Failure to reclaim that zone keeps bearish pressure dominant. Lower-high structure favors downside continuation.
As long as price stays below 23.10, sellers control momentum. Break above = short invalidation / squeeze risk.
4H setup is armed despite bearish daily bias. RSI (15m) at 57 → momentum building, not overextended. Entry zone sits at short-term support inside the range.
Hold above 1.3933 keeps the counter-trend bounce valid. Failure below = daily sellers regain control.
TP1 offers clean R:R — scale and reassess at reaction.
4H shows downtrend exhaustion — no more lower lows. Base forming after prolonged sell pressure. Reclaim of 0.10 psychological level = key structural shift.
Hold above 0.098 keeps reversal thesis valid. Break below 0.086 = continuation of prior downtrend. Early-stage setups offer best R:R — but require patience. Watch volume confirmation on push toward 0.125.
Price consolidating just above key support. Short-term momentum building, but still range-bound. Hold above 0.099 keeps bullish structure intact. Break below = invalidation and possible liquidity sweep.
Clear expansion above 0.1055 needed for continuation toward 0.1075.
Watch volume — breakout strength matters more than hype.