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Price held 0.635 support multiple times and formed higher lows before explosive 1H breakout. Strong bullish candle through 0.650 range high shows momentum expansion. As long as price holds above 0.650 breakout zone, continuation toward 0.690 liquidity pocket is likely. Sustained strength can push toward 0.720 and 0.760 where previous supply sits. Loss of 0.632 invalidates bullish structure.
The dip lacked continuation with bids stepping in quickly, signaling absorption rather than distribution. Buyers are defending structure well and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path.
Price keeps pressing into the same ceiling with each push running shorter. Upper wicks stacking without travel, volume showing up but nothing opens. Effort without space suggests rejection will continue. Invalid if price accepts and holds above the cap.
Friends, $ON Short Setup — Bounce into Resistance!
Trade Setup: Short $ON
· Entry Zone: 0.1100 – 0.1180
· Target 1: 0.0950 · Target 2: 0.0800
· Invalidation: Close above 0.1250
· Leverage: 5x–12x
Recent bounce lacks structural shift and appears to be a relief move into overhead supply. Price is reacting near resistance where prior breakdown originated. As long as 0.1180–0.1250 caps upside, continuation toward 0.0950 liquidity is favored. Acceptance above 0.1250 invalidates the setup.
The dip lacked continuation with bids stepping in quickly, signaling absorption rather than distribution. Buyers are defending structure and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path.
1H chart showing clear higher lows from the 0.630 base with steady momentum expansion. Price compressing under the 0.665 range high. A clean break and hold above 0.670 opens room toward the 0.690 to 0.720 liquidity zone.
Holding above 0.640 keeps bullish structure intact. Loss of 0.6200 invalidates the setup.
Price surging with +19.61% momentum. Clear uptrend with multiple MA supports. Consolidation near highs building pressure for next move. Volume and momentum aligning for potential upside continuation.
Clear higher low format după captarea lichidității, acum împingându-se înapoi către maximele intervalului. Dacă 0.095 se menține ca suport, continuarea către următoarele niveluri de aprovizionare pare probabilă.