Price is facing strong rejection at a previously heavy supply zone. Momentum is fading as buyers fail to break above local resistance. Lower timeframe structure shows exhaustion near current highs. Liquidity resting below increases probability of downside sweep. Bias remains bearish while price stays under 0.114 resistance.
Price is maintaining higher lows, confirming short-term bullish structure strength. Buyers are strongly defending the 0.0003800 support zone. Momentum remains steady with no signs of distribution yet. A sustained push above 0.0003934 can trigger continuation toward 0.0004200. Bias remains bullish as long as 0.0003558 support holds firmly.