$NFP is currently trading inside a classic compression zone 📉➡️📈
Price has been grinding lower, but one thing is clear: selling pressure is fading. Long lower wicks keep printing around the same support area, a strong sign that buyers are actively defending this level 👀
From a structure point of view, this doesn’t look like a full breakdown. It’s shaping more like a descending channel that’s slowly forming a base the kind of setup that often precedes a reversal.
🔑 Key zone to watch:
As long as price holds above 0.0233–0.0235, a bounce attempt is very much on the table.
🎯 Upside levels:
• First reclaim: 0.0244–0.0248
• If that flips into support → 0.0255+ becomes a realistic next target
This is a patience chart ⏳
No chasing, no FOMO just smart positioning while fear is still in the air.
The best entries usually come when most people are unsure 😌📊
⚠️ DYOR Not financial advice. Trade responsibly.