The current structure on the 4H timeframe is decisively **bullish**, characterized by a clear sequence of **Higher Highs (HH)** and **Higher Lows (HL)**. Price has aggressively reclaimed the **MA(7)** (4.24) following a sharp liquidity grab, signaling strong momentum.


The prevailing trend is steeply upward, with price trading well above the **MA(25)** and **MA(99)**, confirming a healthy medium-to-long-term expansion. Significant resistance sits at the recent **4.95** peak, while immediate institutional support (liquidity zone) is anchored at **4.22**.
**Spot Entry Setup:**
Enter on a retest of the **4.35 – 4.40** region. This aligns with a minor pullback to the MA(7) and dynamic support. Momentum remains high, but entering at the current top carries unfavorable risk/reward. Place a tight **Stop-Loss at 3.98**, just below the recent swing low and the MA(25) level, as a breach here invalidates the immediate bullish structure.
TP1: 4.95
TP2: 5.50
TP3: 6.20
Not Financial Advice — Do Your Own Research.
$LAB
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