$龙虾 is grinding out a base after a brutal multi-day selloff and the latest bounce is starting to look serious.

Price reacted cleanly from the demand zone near 0.035 and buyers have been defending every higher low since the sharp recovery candle. Sellers are losing control as the structure shifts from lower highs into a sequence of higher lows, with fresh momentum building on the short-term charts and liquidity sitting above the recent swing high.

Trade Setup
Entry: 0.04680 – 0.04850
Target 1: 0.05400
Target 2: 0.06200
Target 3: 0.07500
Stop Loss: 0.04150

How it's possible
Volume expanded on the recovery leg from the lows, confirming real demand rather than a weak bounce. The previous resistance around 0.050 is being tested with buyers still present, and as long as higher lows continue to hold the path of least resistance remains higher. Momentum is improving on the lower timeframes while the overall structure has flipped from pure distribution. If price closes below the stop loss the setup is invalidated and the trade should be exited immediately to protect capital.

Let's go and Trade now
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