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Recent downside rejection defended the 0.4400 area after a sharp liquidity sweep, showing sellers failed to extend below structure.
Momentum now needs acceptance above 0.4550 to confirm a controlled recovery attempt.
Levels:
• Entry Price (EP): 0.4450–0.4520
• Trade Target 1 (TG1): 0.4680
• Trade Target 2 (TG2): 0.4920
• Trade Target 3 (TG3): 0.5250
• Stop Loss (SL): 0.4310
Trade Decision:
Bias stays reactive until price holds above EP and confirms demand after the rejection.
Close:
If 0.4400 keeps defending, continuation toward TG1 remains valid.
#BlackRockPlansMoneyMarketFundsforStablecoinUsers #USAdds115kJobs #TomLeeonBitMineSlowingETHPurchases
Recent downside rejection defended the 0.4400 area after a sharp liquidity sweep, showing sellers failed to extend below structure.
Momentum now needs acceptance above 0.4550 to confirm a controlled recovery attempt.
Levels:
• Entry Price (EP): 0.4450–0.4520
• Trade Target 1 (TG1): 0.4680
• Trade Target 2 (TG2): 0.4920
• Trade Target 3 (TG3): 0.5250
• Stop Loss (SL): 0.4310
Trade Decision:
Bias stays reactive until price holds above EP and confirms demand after the rejection.
Close:
If 0.4400 keeps defending, continuation toward TG1 remains valid.
#BlackRockPlansMoneyMarketFundsforStablecoinUsers #USAdds115kJobs #TomLeeonBitMineSlowingETHPurchases