$H Bullish recovery after sharp downside wick and fast demand reaction near key support.
I’m seeing a strong liquidity sweep below 0.160 followed by immediate absorption. Price dipped hard, printed a long lower wick, and quickly reclaimed 0.163. That kind of rejection tells me sellers exhausted and buyers stepped in with intention.
On the 1H chart, structure shows a higher low forming after the flush toward 0.157. We pushed up to 0.176, pulled back, and now we’re stabilizing above 0.162–0.163. Holding above this zone keeps short-term momentum intact.
I’m not chasing the spike. I’m positioning