Buyers stepped in exactly where you'd want them to, turning prior resistance into a support flip and defending it on the retest. Volume well above average on that reaction tells you this wasn't a quiet drift back â real participation showed up to defend the level.
đ Daily: Neutral â daily is mixed â Supertrend and EMAs not aligned
Ⱡ4H: Support/Resistance Reaction · Bullish bias
âł 1H: the 1H still needs to reclaim and hold the level before the setup is confirmed on the lower timeframe.
đ WHY IT QUALIFIES
â Support/Resistance Reaction structure completed
đ§ Bias: Bullish while price holds above $3.0722
â ïž Invalidation: 4H close back below $3.0722
đ” Support $2.9493 đĄ Resistance $3.0722
$ICP $BTC #SupportResistance
Education only, not financial advice.
đ Daily: Neutral â daily is mixed â Supertrend and EMAs not aligned
Ⱡ4H: Support/Resistance Reaction · Bullish bias
âł 1H: the 1H still needs to reclaim and hold the level before the setup is confirmed on the lower timeframe.
đ WHY IT QUALIFIES
â Support/Resistance Reaction structure completed
đ§ Bias: Bullish while price holds above $3.0722
â ïž Invalidation: 4H close back below $3.0722
đ” Support $2.9493 đĄ Resistance $3.0722
$ICP $BTC #SupportResistance
Education only, not financial advice.