$SSV printed a clean downside sweep into 3.72–3.75 → immediate reclaim → strong impulsive candle back above 3.90, which signals demand absorption rather than continuation selling. The recovery wasn’t a slow grind — it was a sharp expansion, meaning buyers stepped in with conviction instead of passive bids.

Since the reclaim, price is forming tight mid-range compression just under 4.05, showing cooling momentum but not rejection. This usually acts as a continuation base if support holds instead of a distribution top. The key shift here is that the market moved from lower-lows to higher-low structure, flipping short-term control back to bulls.

Risk comes only if price loses the reclaim zone and closes back under 3.85, because that would invalidate the sweep thesis. Until then, dips are structurally stronger than breakout chases into 4.10+.

Trade Setup

Long Entry: 3.88 – 3.98

Target 1: 4.15

Target 2: 4.35

Target 3: 4.70

Stop Loss: 3.82

Bias stays bullish while 3.85 demand holds, with best opportunities coming from shallow pullbacks rather than vertical green candles into resistance.

SSV
SSVUSDT
3.057
-4.82%