The 4H trend is Bullish, having established a clear bottom and now holding price action firmly above the EMA(99). The current structure is a healthy consolidation phase following a strong impulsive move upwards. This sideways movement is building energy for the next leg higher, with price compressing above the EMA(7) and EMA(25), which are acting as dynamic support.
The trigger for this entry is the developing momentum on the lower timeframes. The 1H RSI is showing signs of crossing back above 50, indicating that buying pressure is re-entering the market after this brief pause. This entry is a high-probability continuation play because we are buying a consolidation within an established 4H uptrend. The price holding above the EMA cluster signifies that bulls are in control, and a breakout from this range is imminent. The risk is well-defined below the current support structure.
Actionable Setup Now (LONG)
Entry: market at 1.6185
TP1: 1.7500
TP2: 1.9000
TP3: 2.2000
SL: 1.5800
SUIUSDT
Perp
1.6066
-1.14%
YALAUSDT
Perp
0.0275
-3.91%
4USDT
Perp
0.02429
-6.25%
