After sweeping liquidity near 4,660, buyers aggressively reclaimed structure and established bullish momentum. The pullback into 5,000 was absorbed, indicating strong demand continuation. Current price action shows compression beneath resistance, suggesting breakout potential if supply is cleared decisively.
Key Scenarios
✅ Bullish Case 🚀
• Hold above 4,985 support
• 🎯 Target 1: 5,110
• 🎯 Target 2: 5,180
• 🎯 Target 3: 5,250
❌ Bearish Case 📉
• Breakdown below 4,985
• 🎯 Target 1: 4,900
• 🎯 Target 2: 4,802
• 🎯 Target 3: 4,700
Current Levels to Watch
Resistance 🔴: 5,080 – 5,110
Support 🟢: 4,985 – 5,000
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Trade active
🦁 Eliana Signals Access:
t.me/Elianathought
t.me/Elianathought
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🦁 Eliana Signals Access:
t.me/Elianathought
t.me/Elianathought
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
