$FLY

Looking at the structural mapping, the daily chart shows a massive downtrend from the 29-30 levels bottoming out at 14.44, followed by a strong V-shaped recovery that has pushed the price back above the daily MA5, MA10, and MA30, indicating a shift in macro momentum. The 4H chart confirms this bullish structure but shows the price currently in a consolidation phase after rejecting the 27.00 resistance, hovering around 24.45. The 1H and 15M charts reveal a short-term corrective phase; the 1H chart shows the price sandwiched between the MA60 (25.00) and MA120 (22.33), while the 15M chart shows a tight compression zone with the MACD flattening near the zero line, suggesting a period of indecision before the next move.

On the higher timeframes, the daily chart formed a strong bullish engulfing/impulsive candle off the 14.44 bottom, followed by a doji-like indecision candle near 25.00. The 4H chart shows a series of smaller wicks and bodies around the 24.50-25.00 area, indicating a battle between bulls and bears. On the 15M chart, you can see a clear "inside bar" or consolidation pattern near 05:45, with long lower wicks indicating that buyers are stepping in on dips, defending the 23.97-24.00 support zone.

Trading plan

· Entry: I will wait for a confirmed breakout or a retest of support. Given the current 15M compression, a break above the immediate 15M MA cluster (around 24.90) with volume would be an entry signal. Alternatively, a wick-down to the 4H support at 23.97 that bounces quickly is a strong long entry.

· Stop Loss: Placed below the recent 4H swing low of 23.28. If the price breaks below the 23.28 level, the short-term bullish structure is invalidated.

· Take Profit: First target is the recent high of 27.00. If that breaks, the next major resistance is the Daily MA120 at 24.53 (wait, the price is already there, so target the Daily MA200 at 26.78 or the previous high).

· Risk Management: Risking 1-2% of capital, with a risk-to-reward ratio of at least 1:2.

I predict a short-term consolidation between 24.00 and 25.00. The daily MACD is showing a bullish crossover (DIF 1.22 vs DEA 0.18), which suggests the medium-term trend is still up. However, the 4H and 1H MACDs are flattening, meaning the asset needs to cool off or gather strength before attempting to break the 27.00 resistance again. If the price holds above the 24.00 psychological level, I expect a push back towards 25.50-26.00 within the next 24-48 hours.

What trade plan I follow and why❓️

I am following a "Trend-Following Pullback" strategy. The reason is that the Daily chart shows a clear reversal from the bottom (14.44 to 27.00), and the current price is in a retracement phase. I am not chasing the green candles; I am waiting for the price to cool off and test the moving averages (specifically the 4H MA30 at 23.55 or the 1H MA120 at 22.33) before entering a long position. This aligns with the higher timeframe momentum while minimizing the risk of buying the top of a short-term pullback.

When I start my trade❓️

I will start my trade when the 15M chart shows a clear breakout above the 24.90-25.00 resistance zone (the cluster of the 15M MA60 and MA120) OR if the price dips to the 23.97-23.28 support zone and shows a bullish rejection candle (like a hammer or a bullish engulfing) on the 15M or 1H chart. I am waiting for the 15M MACD to cross back above the signal line as confirmation.

BULLISH Bias (Medium Term) / NEUTRAL (Short Term). The daily structure is strongly bullish, but the short-term charts show a necessary consolidation. The price is currently at a "make or break" level around 24.45. If it holds the 23.97 support, I am a buyer. If it breaks below 23.28, I will step aside and wait for a lower support level (like 22.33). The MACD divergence on the 4H (price lower, MACD higher) is a subtle bullish hint, but confirmation is needed via a volume breakout above 25.00.#USOctoberPPIBelowExpectations