📉 Market Structure
Overall trend is bearish 🐻
Strong impulsive dump from ~0.22–0.21 into the 0.17 demand zone 💥
Current price action shows post-dump consolidation 🧱
Could be a relief bounce 🔄
Or a pause before another downside move ⬇️
🎯 Key Levels
🟢 Major Support: 0.170 – 0.172 (strong demand zone)
🟡 Minor Support: 0.165 (next safety net)
🔴 Resistance / Supply: 0.191 – 0.195
🔥 Higher Resistance: 0.210 – 0.220
📊 Volume Analysis
📈 High volume on breakdown → strong sellers in control
📉 Current bounce on low volume → corrective move only
🐂 Bulls need volume expansion to reclaim 0.19+
🟦 Long Trade (Scalp / Bounce Play)
⚠️ Counter-trend, manage risk carefully
🟢 Entry: 0.172 – 0.176
❌ Stop Loss: 0.166
🎯 Target 1: 0.185
🎯 Target 2: 0.191 – 0.195
🚀 Extended Target: 0.205 (only with strong volume)
🟥 Short Trade (Trend-Following – Safer)
📉 Preferred with bearish rejection
🔴 Entry: 0.188 – 0.195
❌ Stop Loss: 0.205
🎯 Target 1: 0.175
🎯 Target 2: 0.165
💀 Extreme Target: 0.150 (if market dumps hard)
💰 When to Sell / Take Profit
🟦 Longs: Partial at 0.185, full near 0.19+ if volume fades
🟥 Shorts: Partial at 0.175, full near 0.165
🧠 Bias Summary
🔄 Short-term: Relief bounce possible
🐻 Mid-term: Bearish below 0.20
🐂 Bullish flip only if: 4H close above 0.205 with strong volume
⚠️ Disclaimer:
This analysis is for educational purposes only 📚 and not financial advice 🚫. Crypto markets are highly volatile ⚡. Always do your own research (DYOR), use proper risk management 🛡️, and never invest more than you can afford to lose 💸.
