Thank you for posting your chart. I see you drew your main trend line based on candle bodies vs wicks, which would change its slope significantly. The 4H and 8H emas are proving as resistance at 55k and both are showing negative divergences. The dmas are well above these levels, and we're in a downward sloping pattern making lower highs.
Until we consistently close 4H and 8H candles above the SMAs, I'm thinking this is more of a bull trap vs a breakout, so I agree with your buy zone.
Until we consistently close 4H and 8H candles above the SMAs, I'm thinking this is more of a bull trap vs a breakout, so I agree with your buy zone.