$GOOGLX This +0.50% move isn’t a normal rebound. The current price at 358.41 is already close to short-term resistance. In terms of structure, I’ll first draw three lines: 345.87 is the pullback confirmation, 370.95 is the breakout with increased volume, and 338.70 is the invalidation level. The trading volume of 10.77 million USDT suggests that someone is taking action in the market, but like the second candle after a volume breakout—if it can’t keep holding above at the highs, the direction will quickly turn blunt. Now open the token page and look at the 1h K-line. Don’t judge based on a single bullish candle—check whether there’s continuous turnover around 358.41. My bias: holding 345.87 is relatively bullish; if it can’t break through 370.95, then wait for a pullback and don’t chase in the middle. If later the 4h closing remains above 358.41, only then can we say the structure hasn’t broken. If the 1h keeps dropping and closes back below 345.87 consecutively, then the earlier volume breakout is likely to turn into distribution. The direction isn’t something you guess—it’s given by the lines.