🔎 Market Structure:
Current price: $2.88–2.90
Clear downtrend with lower highs and lower lows.
Price is testing the key support zone (2.80–2.85). This is where buyers need to step in to avoid further downside.
📉 Bearish Case:
If $2.80 fails to hold, liquidity below that level will likely be hunted.
Next downside target: $2.70–2.75 liquidity pool.
Break below $2.70 opens the way toward $2.62 (major demand zone).
📈 Bullish Case:
Holding 2.80–2.85 sets up a possible reversal.
First upside targets:
$3.10 (minor resistance / intraday supply)
$3.35–3.38 (strong supply zone, heavy resistance)
$3.55–3.57 (major resistance / swing supply)
🔴Market is currently at a decision point.
Liquidity grab below $2.80 would trap shorts and could fuel a sharp rally.
Bulls must defend $2.80; otherwise, bears take control.
🎯 Trade Setup:
Long Setup (Aggressive): Enter near 2.82–2.85 with SL below 2.75. TP at 3.10 / 3.35.
Short Setup (Conservative): If $2.80 breaks, target 2.70 / 2.62.
👉 $2.80 is the key battleground. Whichever side wins here will dictate the next big move.
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