Pressure
is currently showing slight stabilization after recent selling and is holding a local base near key support levels according to live market data. The price is trading modestly higher within a narrow range today, showing resilience after a period of consolidation around $1.87–$1.92.
If price continues to hold support and rotates back into demand, this could lead to a short-term relief move.
📊 Trade Setup (Long)
Entry: 1.88 – 1.92
TP1: 1.97
TP2: 2.05
TP3: 2.15
SL: 1.82
As long as the local support zone holds, the structure remains constructive. A break below the demand zone could invalidate this bias.
📚 Quick note:
Price stability and small upticks after sell-offs can reflect buyer absorption and reduced selling pressure, which sometimes sets up short relief rallies.
⚠️ Disclaimer: Not financial advice — trade with risk management, not emotion.