Sharp rejection of the dip followed by strong reclaim of 0.51 — short-term structure flipping bullish. Buyers defended support decisively, suggesting absorption below 0.50.
Clear rejection near 0.60 followed by lower highs on intraday structure. Sellers are defending supply aggressively, and bounce attempts lack volume expansion.
Acceptance below 0.50 increases probability of continuation toward 0.46 first. A clean break of 0.46 exposes 0.40 liquidity quickly.
Invalidation occurs on sustained reclaim above 0.56 — that would shift short-term structure neutral.
Momentum favors downside while below resistance. Trade at your own risk.
Momentum is building fast. Buyers are stepping in aggressively and price is pressing into resistance. Structure shows higher lows with tightening consolidation — classic pre-expansion behavior.
If volume confirms on the break, upside continuation toward 0.021+ becomes highly probable.
Failure to hold above 0.017 invalidates the setup.