$RECALL is showing one of the cleanest structural reversals on the H4 timeframe right now. The chart has completed a rounded base formation, and price action is now reclaiming the local resistance zone — a strong indication that momentum is shifting back in favor of buyers.
This isn’t just a random bounce. The sharp rejection from lower levels signals strong demand absorption and significantly reduced sell-side pressure. Sellers tried to push it lower… but buyers stepped in aggressively.
📊 Trade Setup
LONG: $RECALL
Entry: 0.054 – 0.056
Stop-Loss: 0.045
TP1: 0.095
TP2: 0.123
TP3: 0.155
🔍 Why This Setup Looks Strong
• Rounded base formation confirms accumulation phase completion
• Reclaiming resistance suggests structural shift
• Consolidation above new support = price acceptance, not weakness
• Liquidity building before potential expansion move
Price is currently consolidating just above newly established support. This type of behavior often precedes continuation moves, as the market builds liquidity before the next impulsive leg higher.
As long as 0.045 remains protected, the bullish thesis stays intact.
If momentum sustains, we could see progressive upside expansion toward the outlined targets.
⚠️ Always manage risk properly and trade according to your plan.
Trade $RECALL here 👇
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