$S is showing strong activity on Binance, currently trading around 0.0536 USDT, up +7.7% in the last 24 hours. Price has bounced cleanly from the 0.0498 zone and pushed into a short-term breakout attempt, printing higher highs and higher lows. After tagging the 0.0551 high, the market is now consolidating just below resistance, which often signals continuation rather than weakness.
On the 1H timeframe, bullish structure is intact. Buyers are defending the pullbacks, and volume expansion during the impulse move suggests real participation, not just a wick-based spike. As long as price holds above the local support, momentum remains in favor of the bulls.
Trade Setup
• Entry Zone: 0.0528 – 0.0536
• Target 1: 0.0551
• Target 2: 0.0578
• Target 3: 0.0605
• Stop Loss: 0.0508
A clean break and hold above 0.0551 with volume could unlock the next leg up. Failure to hold 0.0520 would invalidate the setup. Trend is short-term bullish, structure favors continuation.