Bonk

There are two things to review before we can enter a trade. Over social media, a lot traders are contemplating the idea that we should already be place our bids on the current level and that the trend would give at least 60% pump though here's the issue

1. Market structure on the daily has flip bearish.

2. Trend was unable to claim the previous lows and has come back in the range.

I would suggest would two ways to enter.

1. Reclaim the previous low and make a market structure shift on the lower time frame to confirm the current dip was a deviation

2. See the trend on the new low

The daily fvg gap is currently providing strong support for this trend.