That flash spike and quick dip look like a liquidity grab, shaking out weak hands before a potential push higher. With the price stabilizing near $0.2483 and buyer strength leading slightly (52.5% bid strength), short-term bullish momentum may be building—especially if price reclaims the $0.2485–$0.2492 resistance zone.
Trade Bias:
Bullish short-term, contingent on reclaiming and holding above $0.2485.
A clean break of $0.2492 (24H high) would validate TP1, with momentum toward TP2 ($0.2510) likely if volume expands.
Failure to hold above $0.2470 could invalidate the setup, especially with stop-loss below $0.2455.
Watch Points:
Volume trends—rising volume on green candles confirms strength.
Order book pressure—if bid strength rises above 55%, breakout chances increase.
Rejection at $0.2492 may hint at another pullback to support before any continuation.
