A pullback like this is exactly what I want to see after a sharp impulsive move. The correction is healthy because price needed to cool off, shake out late buyers, and allow strong hands to step back in. Without this pause, rallies don’t last. This kind of sideways-to-down digestion is how trends reset before the next leg.
Right now, I’m watching $OG /USDT closely. After the strong push to the 4.64 area, price pulled back and is now consolidating instead of dumping. That tells me sellers are getting absorbed. They’re building strength here, not distributing.
Trade Setup (Spot / Low-Leverage Friendly)
Entry Zone: 4.05 – 4.18
Target 1: 4.48
Target 2: 4.85 – 5.00
Stop Loss: 3.85 (clean invalidation below structure)
This zone is strong for a few reasons. First, this area acted as previous resistance during the initial climb and has now flipped into support. Second, the pullback aligns closely with a healthy Fibonacci retracement of the impulse move, right around the golden pocket region where price often reacts. Third, we’re seeing multiple candle reactions here — long wicks and tight bodies — which tells me buyers are defending this range.
If this level holds, the structure remains bullish. I’m watching how price behaves around 4.00–4.10. As long as it stays above that and keeps printing higher lows on the lower timeframes, the probability favors continuation. A clean reclaim and hold above 4.25 would be my confirmation that momentum is returning.
I’m not chasing tops here. I’m interested because this looks like a market that ran, rested, and is preparing for another move. If buyers keep defending this zone, the next push toward the highs is very much on the table.
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