Price swept the lows at 0.09246 and bounced clean — no breakdown. Since then, it’s been climbing with steady strength.
On the 1H, every pullback is forming higher lows, which shows buyers are in control. Volume also picked up on the move from the bottom — another bullish sign.
After months of bleeding, price finally held support — that’s the shift. It dipped into the zone but didn’t break, now stabilizing just above the 24h low.
Selling pressure is slowing down, not accelerating. Meanwhile, the order book flipped heavily bid-side (~61.95%), showing buyers stepping in.
👉 Prolonged downtrend + support hold = squeeze setup
This is where shorts get trapped and price can move fast to the upside.