Price is reacting from a critical support area near 0.07. If buyers successfully defend this level and momentum shifts back in their favor, the path to 0.075 and beyond becomes clear. Structure suggests this zone has been respected before, making it a high-probability reaction point.
The R:R is favorable if you scale into the zone. Are you taking the long here or waiting for a cleaner sweep?
The entry range sits directly on a previously tested order block that has held three times since June. Price is compressing into this zone with declining momentum on the 15M chart — the kind of set-up that often precedes an explosive move. The three-tier target structure suggests the market maker's algorithm is anticipating a sustained upside correction.
Do you see this breaking to the first target or more consolidation first?