When price reacts like this to me level/zone it helps reinforce my trade bias.
If price is going higher from here I would need price to interact with this zone again and build market structure to work with. I need more information to build the full picture of where my stops would be and what would constitute an invalidation/continuation to my next level to watch $0.48
This current zone is $0.52710-$0.52 but I don’t think it’s gonna hold.