LIVEAt the moment the price is in consolidation between 52525 and 50649. Another support retest in the form of a false breakout is formed and the price is consolidating again. There are still no clear reasons for a support breakout. It is necessary to continue watching the price on H1.
Regarding the current situation, I would single out two possible scenarios for buying.
Scenario 1. High chance of realization.
A pullback from the support is formed. approach to the level and formation of compression or pre-breakout consolidation relative to 52545 will be a strong signal for the breakout.
Scenario 2. As consolidation is forming, the market maker may extend the range from the current range to the support: 48435.
The price should not go below 48K as this level is a strong support area. A breakout of 50649 and 50333 could fororimize an impulse (liquidation) to the lower level, which could be a range of support. But a retest or false breakout will form an increase in liquidity, which will give the opportunity to form an impulse with the aim of breaking through the resistance 52545 and realize further growth.
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