$AERGO $AERGO 4h Read: - The overall trend is bullish, but after that explosive move up, I expect a retracement toward the 0.02577–0.02352 demand/FVG area before another possible leg up.
- If price pulls back and buyers step in around that demand, I expect price to first move back up toward 0.03209 and potentially higher to 0.03524.
- I would only change my bias to bearish if we see a firm breakdown and acceptance below 0.02201, indicating the bullish structure is lost and a deeper drop could follow.
- Best setup: Wait for a retrace into the demand/FVG zone, watch for strong bullish reversal signals (pin bar, engulfing, bullish structure shift), and long for 0.03209 and 0.03524 targets. Protect with your stop-loss under the most recent swing low.
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