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$0G is currently compressing after a sharp rebound, and the structure suggests this is absorption, not distribution. Price has already defended the major swing low and is now building a tight range just above higher support.
This kind of price action usually appears before the next directional move.
Strong bounce from the 0.69 zone, followed by impulsive upside
Price now moving sideways above key demand (0.93–0.95)
MAs are tightening → volatility compression
Sellers are failing to push price below support → bullish pressure building
🟢 Trade idea (Long-biased)
Entry zone: 0.95 – 0.93
Stop-loss: 0.9215 (structure invalidation)
Targets:
1.05 (range expansion)
1.15 (previous supply)
1.25 – 1.30 (full continuation zone)
🔍 What to watch
A clean hold above 0.95 strengthens the bullish case
Break & acceptance above 1.00 can trigger momentum expansion
If 0.92 breaks → structure fails, step aside