Market Structure
Strong impulsive move + volume expansion → confirms real participation, not just thin liquidity.
Momentum shift bullish → likely a short-term structure break (higher high / higher low forming).
After aggressive candles, markets usually either:
Consolidate under resistance
Retest breakout zone
Continue squeezing if shorts are trapped
Right now, this looks like a momentum continuation setup, but only if volume sustains.
🟢 Support Zone: 0.0580 – 0.0565
Good identification. If buyers defended here with strong volume:
That becomes your invalidity area
A clean hold above 0.0580 keeps bullish structure intact
Losing 0.0560 likely shifts bias neutral or short-term bearish
🔴 Resistance Levels
0.0638 → First liquidity wall (likely profit-taking zone)
0.0665 → Extension target if breakout confirms
Watch:
Does price stall with declining volume? → Possible rejection
Does it compress under 0.0638? → Bullish continuation setup
🎯 Entry Plan Review
Buying 0.0590–0.0600 on pullback is reasonable if:
Pullback volume is weak (no aggressive selling)
1H/30M candles show wicks absorbing downside
Avoid chasing if:
Price goes vertical into 0.0638
RSI / momentum already overheated without consolidation
🛑 Stop Placement
Below 0.0560 makes sense structurally.
Just ensure your position size matches that stop distance.
Risk rule reminder:
Never risk more than 1–2% of total capital per trade.
⚠️ Emotional Move Warning
You described it perfectly:
“Market inhaling before the next strike.”
Aggressive pumps often:
Shake out late buyers
Retest breakout zone violently
Or trap breakout traders above resistance
So stay mechanical, not emotional.
📊 What Would Strength Confirmation Look Like?
Consolidation above 0.0600
Rising volume on green candles
Higher lows forming on lower timeframes
Clean break + hold above 0.0638
If you’d like, tell me:
Your timeframe (scalp / swing?)
Your risk % per trade
Total capital allocation
I can calculate precise position sizing and R:R structure for this setup.