$GIGGLE ,This chart is flashing pure bullish intent, and the higher low formation confirms it loud and clear. After the pullback from the 38.38 high, price found strong demand near 34.38 and immediately bounced — but the key detail is this: sellers failed to push price lower. Buyers stepped in early, creating a higher low, which is one of the strongest signals of trend continuation.
A higher low means the market is re-accumulating, not distributing. Each dip is getting bought faster and at higher prices, showing growing confidence from buyers. Weak hands are shaken out, while strong hands are building positions.
The follow-up move was aggressive — strong green candles, fast recovery, and no hesitation. This is not slow grinding price action; this is momentum-driven buying pressure. When higher lows form with this kind of strength, the next move is usually a higher high.
As long as price stays above the higher low zone, bulls remain in full control. Break and hold above resistance, and this structure can fuel the next leg up. Momentum favors continuation, not reversal.
Trend structure is bullish. Momentum is bullish. Bias stays bullish.
Not financial advice.