Price is forming a potential higher low (HL) after a deep retracement and rejection near the $3.50 level. A clean break from the lower high (LH) structure confirms a trend shift. Currently setting up for a strong impulsive move toward prior highs.
📍 Entry: Around $3.50 (confirmed HL support)
🎯 Targets:
TP1: $4.40 – minor resistance & psychological round number
TP2: $5.70 – previous structural LH
TP3: $6.60 – major resistance & breakout target
TP4 (extended): $7.00+
📍 Entry: Around $3.50 (confirmed HL support)
🎯 Targets:
TP1: $4.40 – minor resistance & psychological round number
TP2: $5.70 – previous structural LH
TP3: $6.60 – major resistance & breakout target
TP4 (extended): $7.00+
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