The 4H trend is showing signs of a bullish reversal, with price establishing a higher low after a significant bounce from the lows. This indicates a potential shift in the larger market structure from bearish to bullish.
On the 15-minute chart, the price has executed a healthy pullback after a strong impulsive move upwards. Price is now attempting to find support at the key EMA cluster (EMA 25 and 99), which is a classic sign of trend continuation. This consolidation just above potential support presents a high-probability entry. The trigger for this setup hinges on the 15m RSI, which is currently coiling just below the 50 midline. A decisive cross back above 50 will serve as confirmation that bullish momentum is returning after this brief consolidation, suggesting the pullback is complete. Entering now anticipates this next leg up, capitalizing on the newly forming uptrend while using the recent lows as a clear invalidation point.
Actionable Setup Now (LONG)
Entry: market at 0.7017
TP1: 0.7185
TP2: 0.7350
TP3: 0.7500
SL: 0.6945
##USCryptoStakingTaxReview #ASTER
