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GM 🛍 ,
From the current structure of🤑 on the chart, price has clearly completed a strong bearish leg into the 65K demand zone (around 65,339). The reaction from this area shows initial buyer interest, suggesting this zone is acting as a short-term accumulation base rather than a continuation point for immediate downside.🔻
Following the drawn path, the expected move is not a straight rally, but a corrective expansion. Price is likely to push upward toward the 92,000 region, which acts as the first major resistance and a liquidity target from the previous consolidation. However, this move should be viewed as a relief rally rather than a confirmed trend reversal.👀
After tapping that zone, the projection suggests a pullback toward ~80K, forming a higher low. This is important—it indicates a shift from bearish structure (lower lows) to a potential early-stage bullish structure (higher low formation).🚀
If that higher low holds, the next leg becomes more aggressive, targeting the 107,000 level, which aligns with a key resistance area near the current horizontal level (~107,393). This would complete a full market cycle of:
📌 Overall, the path reflects a W-shaped recovery with a higher low, signaling that smart money may be re-entering after the sell-off. However, confirmation depends heavily on holding above the 80K zone during the pullback—if that fails, the entire bullish projection weakens significantly. 💰
From the current structure of
Following the drawn path, the expected move is not a straight rally, but a corrective expansion. Price is likely to push upward toward the 92,000 region, which acts as the first major resistance and a liquidity target from the previous consolidation. However, this move should be viewed as a relief rally rather than a confirmed trend reversal.
After tapping that zone, the projection suggests a pullback toward ~80K, forming a higher low. This is important—it indicates a shift from bearish structure (lower lows) to a potential early-stage bullish structure (higher low formation).
If that higher low holds, the next leg becomes more aggressive, targeting the 107,000 level, which aligns with a key resistance area near the current horizontal level (~107,393). This would complete a full market cycle of:
Breakdown → Accumulation → Expansion → Retest → Continuation
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