#SKYAI #BTC☀
According to the 4-hour (4h) chart, the recent strong swing high or main resistance level is **$0.039749** (which is also the 24-hour high level).
* **Swing Low:** The main swing low or support zone is near **$0.030452** (the 24-hour low is $0.030613).
* **Liquidity Area:** The stop loss of short positions and buy-side liquidity are accumulated just above the **$0.039749** level. On the other hand, there is a sell-side liquidity pool around the **$0.030452** level on the downside.
### 2. Liquidity Sweep
* The price has recently moved upwards from the lower support zone with strong bullish momentum and is showing some correction or retracement by touching the **$0.039749** resistance level directly.
* The current price is hovering around **$0.035992**. This indicates that after sweeping the upper high, the price may temporarily return to retest the lower fair value gap or support.
### 3. Market Structure
* **Structure and Direction:** The price has formed a clear uptrend or bullish structure on the 4-hour chart. The price has moved upwards from the lower swing low ($0.030452) with a strong green candle and volume spike.
* According to the trend confirmation, the short-term direction is bullish, but the next movement will be determined after retesting the major levels.
### 4. Entry Plan (Entry and Risk Management Plan)
* **Entry Signal:** Without taking a direct entry at the current level, if the price pulls back slightly and retests a strong support zone or Fair Value Gap (FVG) and gives a bullish reaction, then a long position can be considered.
* **Stop Loss:** In case of long positions, the stop loss should be set slightly below the recent swing low or breakout zone (e.g. below **$0.03000**).
* **Risk Management:** Keeping the volatility and market conditions of the token in mind, keep the leverage under control and do not risk more than 1-2% of the portfolio.
According to the 4-hour (4h) chart, the recent strong swing high or main resistance level is **$0.039749** (which is also the 24-hour high level).
* **Swing Low:** The main swing low or support zone is near **$0.030452** (the 24-hour low is $0.030613).
* **Liquidity Area:** The stop loss of short positions and buy-side liquidity are accumulated just above the **$0.039749** level. On the other hand, there is a sell-side liquidity pool around the **$0.030452** level on the downside.
### 2. Liquidity Sweep
* The price has recently moved upwards from the lower support zone with strong bullish momentum and is showing some correction or retracement by touching the **$0.039749** resistance level directly.
* The current price is hovering around **$0.035992**. This indicates that after sweeping the upper high, the price may temporarily return to retest the lower fair value gap or support.
### 3. Market Structure
* **Structure and Direction:** The price has formed a clear uptrend or bullish structure on the 4-hour chart. The price has moved upwards from the lower swing low ($0.030452) with a strong green candle and volume spike.
* According to the trend confirmation, the short-term direction is bullish, but the next movement will be determined after retesting the major levels.
### 4. Entry Plan (Entry and Risk Management Plan)
* **Entry Signal:** Without taking a direct entry at the current level, if the price pulls back slightly and retests a strong support zone or Fair Value Gap (FVG) and gives a bullish reaction, then a long position can be considered.
* **Stop Loss:** In case of long positions, the stop loss should be set slightly below the recent swing low or breakout zone (e.g. below **$0.03000**).
* **Risk Management:** Keeping the volatility and market conditions of the token in mind, keep the leverage under control and do not risk more than 1-2% of the portfolio.