$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 around structure.
Entry Point: I’m interested in 0.1620 – 0.1640 on controlled pullbacks and tight consolidation.
Target Point: TP1: 0.1765 TP2: 0.1850 TP3: 0.2000
Stop Loss: 0.1570 (below liquidity sweep and structural invalidation)
How it’s possible: If price keeps printing higher lows above 0.161 and builds pressure under 0.176 resistance, breakout traders will enter while short positions get squeezed. That combination can drive momentum toward 0.18+ quickly. The range above 0.176 looks thin, meaning once it clears, upside can accelerate.
Risk is defined. Structure is clear. Momentum is rebuilding.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$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 around structure.
Market Read:
Liquidity below 0.160 taken. Higher low structure forming. Buyers defending 0.161–0.163 zone. If 0.176 breaks with volume, expansion continues.
Entry Point:
I’m interested in 0.1620 – 0.1640 on controlled pullbacks and tight consolidation.
Target Point:
TP1: 0.1765
TP2: 0.1850
TP3: 0.2000
Stop Loss:
0.1570 (below liquidity sweep and structural invalidation)
How it’s possible:
If price keeps printing higher lows above 0.161 and builds pressure under 0.176 resistance, breakout traders will enter while short positions get squeezed. That combination can drive momentum toward 0.18+ quickly. The range above 0.176 looks thin, meaning once it clears, upside can accelerate.
Risk is defined. Structure is clear. Momentum is rebuilding.
Let’s go and Trade now $H