If price accepts above 1.41, continuation toward 1.48 becomes technically reasonable. Sustained strength and volume expansion could open the path toward 1.55.
What Confirms the Break:
✔ Strong close above resistance
✔ Rising breakout volume
✔ Shallow pullbacks after breakout
✔ No aggressive upper-wick rejections
Risk Note
Momentum trades can move fast — but failed breakouts reverse just as quickly. If 1.38 fails to hold, upside pressure weakens significantly.
Let confirmation lead execution. Manage size. Protect capital.
Disclaimer: Trading involves risk. Not financial advice.
If price holds above 0.0172–0.0173 and momentum rotates upward, TP1 becomes a reasonable first liquidity tap. Sustained acceptance above 0.0183 increases probability of continuation toward 0.0191.
What confirms strength:
✔ Bullish engulfing or strong 4H close from entry
✔ Volume expansion on breakout
✔ No immediate rejection at TP1 zone
Invalidation:
Break and acceptance below 0.016531 weakens the bounce thesis and suggests range continuation or deeper retrace.
The Real Question:
Range breakout — or more chop?
The answer will show in volatility expansion + volume.
Without that, it’s likely still rotational inside the range.
Stay structured. Let confirmation lead.
Disclaimer: Trading involves risk. Not financial advice.
• Price trading inside defined resistance / supply zone
• Daily bias leaning bearish
• 15m RSI around 58 — room for downside expansion
If sellers defend the 1950–1960 zone and price loses 1930 support with momentum, continuation toward 1916 and potentially 1896 becomes technically reasonable.
What Confirms the Move:
✔ Strong 4H bearish close from entry zone
✔ Increasing sell-side volume
✔ Failure to reclaim breakdown levels
✔ Weak relief bounces
Invalidation:
A sustained reclaim and acceptance above 1987 weakens the short thesis and increases squeeze probability.
The Debate:
Is it a new leg down — or a bear trap?
The answer lies in acceptance.
Rejection + follow-through = continuation.
Reclaim + strength = trap.
Let confirmation lead execution.
Disclaimer: Trading involves risk. Not financial advice.
If 20 fails to reclaim with strength, continuation toward 18.20 becomes technically reasonable. A sustained move below that opens room toward deeper prior demand zones.
As long as 0.0058 holds, the bullish structure remains intact and continuation toward 0.0066 becomes the first logical liquidity test. A strong break above that opens room toward 0.0072 and potentially 0.0080.
What Strengthens the Setup:
✔ Shallow pullbacks into support
✔ Rising volume on pushes
✔ Clean closes above prior highs
Invalidation:
A decisive break and close below 0.0053 damages the higher-high structure and shifts momentum.
Trend trades work best when structure stays clean. Let the chart confirm continuation before scaling.
Disclaimer: Trading involves risk. Not financial advice.
• Clear accumulation range prior to expansion • Strong impulsive candle with volume confirmation • Resistance around 0.062–0.064 reclaimed • Momentum shift favoring continuation
If price holds above 0.062–0.064 as new support, continuation toward 0.075 becomes the first logical liquidity magnet. Sustained strength could open room toward the 0.085–0.10 zone.
What strengthens the case:
✔ Consolidation above breakout level ✔ Volume staying elevated on pushes ✔ Shallow pullbacks into support
Invalidation:
A breakdown and acceptance below 0.055 damages the bullish structure and negates the setup.
Breakout + hold = continuation.
Breakout + rejection = trap.
Let price confirm and manage risk accordingly.
Disclaimer: Trading involves risk. Not financial advice.
As long as 64.2K holds, the bullish structure technically remains intact. A sustained push into 69.5K is the first liquidity test. Acceptance above 70K could trigger volatility expansion toward the upper targets.
Strength Confirmation Checklist
✔ Strong 4H close above resistance ✔ Expansion in breakout volume ✔ Shallow, controlled retracements ✔ No aggressive rejection wicks at highs
Invalidation Scenario
A decisive breakdown and acceptance below 64,200 shifts short-term structure bearish and increases probability of deeper retracement.
Momentum setups reward patience and discipline. Let price confirm — manage risk first, profits second.
Disclaimer: Trading involves risk. Not financial advice.