$C $C 2h Market Read | finorabot.com
- The path of least resistance remains to the downside 📉, but price is sitting on a critical demand/stop-hunt zone. I expect a possible liquidity hunt below 0.0700. If price quickly reclaims this zone with strong reversal signatures, a bounce toward 0.0733 is likely. If the bounce is not confirmed and price stays heavy below 0.0700, a further drop toward 0.0645 is possible.
- My main scenario: Wait for manipulation below 0.0700. If you see a classic reversal setup—like a 2h pin bar, bullish engulfing, or a lower timeframe (15m) reversal structure—consider entering long, targeting 0.0710 first and 0.0733 second. Stop-loss should go below the manipulation swing low. If no reversal forms and price simply dumps, stay on the sidelines or look for continuation shorts on weak retests.
- If price manages to reclaim 0.0740 and hold above, especially on strong volume, this would flip my bias to bullish for a run at 0.0780 and possibly higher.
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