Alright, let’s read this one cleanly 👀📊

#GoldSilverAtRecordHighs $ETH #WhoIsNextFedChair $BTC

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🔍 Timeframe & Trend

1H chart

Overall structure is still bearish / corrective

But short-term relief bounce is in progress after a sharp dump

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📉 Price Action Summary

Major drop from 0.0308 → 0.0175

Strong rejection wick at 0.0175 → clear buyers defended

Price bounced and is now consolidating around 0.0213

This looks like a dead-cat bounce / short-term recovery, not a full reversal yet.

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🧱 Key Levels

🟢 Support

0.0200 – 0.0197 (very important)

Breakdown below → revisit 0.0180 – 0.0175

🔴 Resistance

0.0227 – 0.0230 (local supply)

Strong resistance: 0.0255

Major trend resistance: 0.0285 – 0.0300

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📊 Structure Insight

Current move = lower high

Sellers are still active at every push up

No higher-high formed yet → trend not flipped

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🎯 Trade Scenarios

🟡 Scalping Long (Risky but valid)

Entry: 0.0205 – 0.0210

TP: 0.0225 – 0.0230

SL: Below 0.0196 👉 Quick in, quick out only

🔴 Bearish Continuation

Rejection at 0.0227

Breakdown of 0.0200

Target: 0.0185 → 0.0175

🟢 Bullish Reversal (Needs confirmation)

Only valid if:

1H close above 0.0255

Then next targets:

0.0285

0.0300

Until that happens → bounce, not trend change

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🧠 Final Verdict

❌ Not a holding coin right now

✅ Tradable for scalps

🛑 Tight stop-loss mandatory

📉 Bias still slightly bearish

If you want, tell me:

Spot or Futures?

Your entry price?

How much risk you’re okay with?

I’ll fine-tune the setup for you 🎯🔥