Price is currently testing 0.1183 after a -9.85% drop, with immediate resistance near 0.1400–0.1500 (previous support, now flipped resistance). The "Strong High" marked at 0.1800 suggests a major liquidity zone—if price rallies there, watch for rejection. On the downside, "Weak Low" and "DISCOUNT" levels indicate potential support near 0.1100–0.1050.
Trade Plan:
Short Setup: If price rejects 0.1400 with a bearish candle (pinbar/engulfing), target 0.1100 (stop loss above 0.1500).
Long Setup: Only if price reclaims 0.1500 and holds (target 0.1700).
Key SMC terms:
BOS (Break of Structure): A close below 0.1100 confirms further downside.
CHOCH (Change of Character): Needed for trend reversal.
Trade cautiously—BTC movement and volume will be critical.
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