$ASML is holding firm after a strong reaction from the 1855 support area, where buyers stepped in and quickly absorbed the sell-side pressure. Since then, price has been building a base and defending higher levels instead of revisiting the lows.
On the lower timeframes, the structure is improving with higher lows and reduced selling pressure. Recent candles show steady accumulation around the entry zone, while price continues to compress beneath resistance. This type of behavior often creates breakout pressure when buyers stay in control.
Entry Point
1855 - 1885
Target Point
TP1: 1897
TP2: 1910
TP3: 1922
TP4: 1930
Stop Loss
1830
This setup can work if the current base formation continues to hold. Buyers have already defended the key support zone, volume increased on the recovery, and the recent candle structure suggests liquidity absorption rather than distribution. A clean push above nearby resistance could open the path toward the listed targets.
$ASML
On the lower timeframes, the structure is improving with higher lows and reduced selling pressure. Recent candles show steady accumulation around the entry zone, while price continues to compress beneath resistance. This type of behavior often creates breakout pressure when buyers stay in control.
Entry Point
1855 - 1885
Target Point
TP1: 1897
TP2: 1910
TP3: 1922
TP4: 1930
Stop Loss
1830
This setup can work if the current base formation continues to hold. Buyers have already defended the key support zone, volume increased on the recovery, and the recent candle structure suggests liquidity absorption rather than distribution. A clean push above nearby resistance could open the path toward the listed targets.
$ASML