We're pushing toward that 70k handle. If we're building a higher low, it's sitting around 69-70k — that's where the weekly 200 EMA lines up for confluence.
But my gut says we've already raided the range high. Now we're probably headed back down to test at least one of those lows.
Watch the 69-70k zone. If it holds, we might get structure. If it breaks, we're hunting lower liquidity. Price wants to rebalance after that sweep.
But my gut says we've already raided the range high. Now we're probably headed back down to test at least one of those lows.
Watch the 69-70k zone. If it holds, we might get structure. If it breaks, we're hunting lower liquidity. Price wants to rebalance after that sweep.