The overall structure still looks bearish. Price keeps printing lower highs and lower lows, and most indicators are pointing to weakness rather than strength. Right now, price is trading below the equilibrium of the last major move, which usually means sellers are still in control and more downside can happen.
The first one sits around 0.09234, and the next deeper area is near 0.09069. These are the levels where liquidity is likely resting, so price could dip into them before any real bounce attempt.
Short idea
If price makes a weak bounce into the 0.09363 – 0.09434 supply area and then shows clear rejection like a pin bar, bearish engulfing, or lower-timeframe structure break that would be a solid short opportunity.
From there, targets would be 0.09234 first, and then 0.09069 if momentum continues. The key is that price should fail to reclaim 0.09434 otherwise, the short idea loses strength.
Long idea (only on confirmation)
For a long setup, patience is important. Ideally, price should sweep below 0.09145 (the recent swing low) and then snap back strongly, showing signs of manipulation. A strong pin bar or bullish engulfing would be the kind of confirmation to look for.
Only after that would a long make sense, with targets back toward 0.09363 and 0.09434.
Until one of these scenarios plays out cleanly, this is a wait-and-react market. Let price come to the levels and show its hand no need to rush trades here.
