$NFP dropped into the 0.00636 support area where a wave of long liquidations cleared weak positions. Instead of extending the sell-off, price found buyers around this zone, suggesting the market is trying to stabilize after the flush.
On the 15m chart, selling pressure is slowing and a small base is beginning to form. Recent candles show liquidity absorption near support, while higher lows could develop if buyers continue defending this level.
Entry Point
0.00638 - 0.00646
Target Point
TP1: 0.00665
TP2: 0.00690
TP3: 0.00720
Stop Loss
0.00622
This setup can work if the support continues to hold and buying volume gradually increases. A strong close above the recent range would confirm momentum is shifting back in favor of buyers and improve the chances of reaching the targets.
$NFP
On the 15m chart, selling pressure is slowing and a small base is beginning to form. Recent candles show liquidity absorption near support, while higher lows could develop if buyers continue defending this level.
Entry Point
0.00638 - 0.00646
Target Point
TP1: 0.00665
TP2: 0.00690
TP3: 0.00720
Stop Loss
0.00622
This setup can work if the support continues to hold and buying volume gradually increases. A strong close above the recent range would confirm momentum is shifting back in favor of buyers and improve the chances of reaching the targets.
$NFP