Compression after impulse suggests continuation setup forming near range support.
Market Context
Price expanded strongly from the $0.00048 area into $0.00057 and is now consolidating above $0.00053. The pullback is controlled, indicating potential continuation rather than full reversal.
Trade Plan
Entry $0.000525 to $0.000545
Stop Loss $0.000495
TP1 $0.000575
TP2 $0.000620
TP3 $0.000680
Structure Logic
Higher low structure formed above $0.00050
Bullish impulse leg still intact
Consolidation holding above breakout zone
Liquidity resting above $0.000580 and $0.000650
Risk Perspective
A sustained move below $0.000495 would invalidate the bullish continuation bias.
Engagement Line
Holding above $0.000525 keeps upside pressure active toward new local highs.
Buy and Trade $1000CHEEMS
1000CHEEMS
0.000533
+9.44%