Market Update: Price Action Alert
Hourly chart just gave a strong swing between 2.7780 → 2.8849 before cooling near 2.8230.
Such volatility shows how traders with sharp eyes are catching quick moves.
The bounce from the 2.77 support and rejection near 2.88 resistance creates a classic setup — risk-takers know what that means.
Liquidity zones are tightening, and momentum is building for the next breakout.
Now the real question:
👉 Will buyers push back above 2.88 for a new high?
👉 Or are sellers waiting to drag it under 2.78 again?
Stay sharp — this kind of chart doesn’t stay quiet for long.