This one is on the 1H, so it carries more weight than the 15m move.
What stands out immediately:
• Clean push through the recent range high (~0.073–0.074)
• Large expansion candle with strong volume spike
• RSI near 74 — short-term overbought
• EMAs starting to stack bullish again
That vertical candle through 0.0735 looks like stops being taken above local highs. The market had been compressing around the moving averages, then expanded hard.
Now the real question isn’t the spike.
It’s what happens after it.
Key levels to watch:
0.073–0.074 zone
This was resistance. If price pulls back and holds this area, the breakout is structurally valid.
0.079–0.080 area
That wick high (0.0791) is now the liquidity target. If momentum continues, that becomes the magnet.
Risk factor here:
RSI is elevated and the candle is stretched away from EMAs. Moves like this often retrace partially before continuation. A shallow pullback with declining volume would actually be healthy.
If price collapses back under 0.072 quickly, then this becomes a classic liquidity sweep.
Right now though, structure has shifted from sideways compression to upward expansion.
Expansion after compression usually isn’t random.
But continuation always needs confirmation.
$ZBT #ZBT #MarketRebound #AxiomMisconductInvestigation
What stands out immediately:
• Clean push through the recent range high (~0.073–0.074)
• Large expansion candle with strong volume spike
• RSI near 74 — short-term overbought
• EMAs starting to stack bullish again
That vertical candle through 0.0735 looks like stops being taken above local highs. The market had been compressing around the moving averages, then expanded hard.
Now the real question isn’t the spike.
It’s what happens after it.
Key levels to watch:
0.073–0.074 zone
This was resistance. If price pulls back and holds this area, the breakout is structurally valid.
0.079–0.080 area
That wick high (0.0791) is now the liquidity target. If momentum continues, that becomes the magnet.
Risk factor here:
RSI is elevated and the candle is stretched away from EMAs. Moves like this often retrace partially before continuation. A shallow pullback with declining volume would actually be healthy.
If price collapses back under 0.072 quickly, then this becomes a classic liquidity sweep.
Right now though, structure has shifted from sideways compression to upward expansion.
Expansion after compression usually isn’t random.
But continuation always needs confirmation.
$ZBT #ZBT #MarketRebound #AxiomMisconductInvestigation