MARKET STRUCTURE: The overall trend on the 4h timeframe shows a consolidation phase with a slight bullish bias after a decline from recent highs around 9.57. Current price action is testing key support levels, indicating a potential reversal or continuation of the uptrend. Trend strength is moderate, with ADX around 15-16 suggesting weak directional momentum.

SWING SETUP:

• Direction: BUY
• Entry Zone: 8.25-8.35
• Ideal Entry: 8.30
• Setup Type: Trend continuation / Reversal
• Confidence: Medium

POSITION MANAGEMENT:

• Stop Loss: 8.00 (below recent swing low and psychological support)
• Target 1: 8.60 (conservative, 3-5 days)
• Target 2: 9.00 (extended, 7-10 days)
• Risk/Reward: 1:1 for Target 1, 2.33:1 for Target 2

KEY LEVELS & SCENARIOS:

• Major Support: 8.28 (recent swing low on 1h, tested multiple times)
• Major Resistance: 8.50 (recent swing high on 1h, key barrier)
• If price breaks 8.50 → Expect move towards 9.00 as momentum builds
• If price holds 8.28 → Potential bounce and consolidation within range

DIVERGENCES & PATTERNS: No significant divergences detected between price and indicators like RSI on 4h or 1h timeframes. Price is forming higher lows on 4h, suggesting gradual bullish momentum.

RISK FACTORS: High volatility in the asset, potential for further downside if support at 8.28 fails, and overall market sentiment could impact price movements. Invalidated if price closes below 8.00.