yhs_885_0312

Following a sharp impulsive sell-off, price is currently retracing within an upward channel on the 4H timeframe. This structure appears corrective rather than impulsive, suggesting the move higher may be a retracement within a broader bearish context. Momentum has begun to cool, and price is showing hesitation near the mid-to-upper range of the channel. The $90,000 level remains a key short-term pivot. Failure to hold above $90,000 increases the probability of a breakdown below the lower boundary of the rising channel.

Hello guys, Price is currently moving within a falling wedge structure on the 4H timeframe. The market is approaching a key support zone at 0.214 – 0.224, where a pocket of resting liquidity remains below the recent swing lows. I expect price to sweep this minor liquidity, tap into the major support zone, and potentially form a bullish reaction. If the bounce confirms with a break of wedge structure and strong momentum, the next upside targets sit at the major resistance area of 0.32 – 0.34, which aligns with previous supply and structural imbalance. This scenario becomes invalid if price closes firmly below the 0.214 support zone.