$AIO Bounce or another trap for buyers?😱😱
The price is below the key level of 0.04035, and the 4H structure continues to paint a bearish picture.
I want to see a return to the 0.04077–0.04164 area and assess the sellers’ reaction. That’s where an interesting short opportunity could emerge.
What’s next?
If the rejection of higher prices is confirmed, I’m targeting 0.03812, followed by 0.03360.
If selling pressure intensifies, the price could even reach 0.03057.
But there’s a catch: volumes are very low right now, so a breakout without momentum doesn’t inspire confidence.
A 4H close above 0.04533 would completely invalidate my scenario.
The price is below the key level of 0.04035, and the 4H structure continues to paint a bearish picture.
I want to see a return to the 0.04077–0.04164 area and assess the sellers’ reaction. That’s where an interesting short opportunity could emerge.
What’s next?
If the rejection of higher prices is confirmed, I’m targeting 0.03812, followed by 0.03360.
If selling pressure intensifies, the price could even reach 0.03057.
But there’s a catch: volumes are very low right now, so a breakout without momentum doesn’t inspire confidence.
A 4H close above 0.04533 would completely invalidate my scenario.
