Let's take a more global look at the market 🪙

chart - 1d.

So, the asset looks quite good, I see a couple of scenarios:

— if we go down now, then I want to see a local liquidity gathering around $2,600.

Ideally, see a pullback from this zone and a rise to the order block at $3,500.

But, if we are pushed higher now, I will also be waiting for a retest of the order block, where I will be expecting the asset to pull back.

If we manage to hold above this level, then we can confidently look towards $4,000.

There is also another option, which is also very likely - liquidity gathering at the level of $2,000, as there are a lot of positions accumulated there that the market will want to clear.

I think this has been useful for you, for now, I am sticking to a local long.