$RECALL just printed a clean CHoCH (Change of Character) on the 1H timeframe, signaling a potential shift in structure after an extended downtrend.
Price tapped into the demand zone (highlighted in pink) and is currently reacting from it. If buyers maintain control, we could see:
~ A bounce from the demand zone
~ A push back toward the 0.1683 zone, which is the key upside level to watch
~ Higher-low formation, confirming bullish momentum
However, if the demand zone fails, lower liquidity zones may get tested before any continuation.
Traders are watching for a clean reaction from this zone to confirm a short-term recovery move.
