Breakout retest complete. Price holding above former resistance now support at 36.94. Volume compression on pullback signals accumulation. Momentum favors continuation toward range high.
Analysis: Rejection at the 24H high of 0.3300. Price rolling over below the 0.3110 pivot with declining volume momentum. MA(5) curling down beneath MA(10) – bearish crossover confirmation. Expect continuation toward the lower value area with clear liquidity targets.
Risk/Reward: Favorable. Tight stop above the recent swing high.
Confluence: Price trading below the 4H resistance structure.
Price broke structure with strong volume surge (12.5K). Holding above mark price 42.16 with bullish MA crossover (5 > 10). Rejection at 42.63 confirms resistance – next leg down imminent.
LONG SETUP CONFIRMED Price holds above 1,215.94 support with bullish rejection off 1,211.13 low. Momentum leaning upside toward 1,249.59 range high. Volume accumulation visible on dip.