rsr/usdt bullish outlookI’ve identified an MSS (Market Structure Shift) on the 4-hour timeframe, signaling a potential shift in momentum from bearish to bullish. Let’s break this down:
1️⃣ MSS Breakdown
Bearish Structure Break: Recent price action showed a clear BOS (Break of Structure) to the downside, leading to liquidity grabs.
Bullish Market Structure Shift: Price has begun reclaiming previous significant lows, indicating a potential accumulation phase by smart money.
The MSS is a key sign of a reversal, especially when combined with confluence from higher timeframes and support levels.
2️⃣ Entry Model
Here’s the entry methodology I’m using:
Order Block Identification: I’ve identified a key bullish order block (OB) as the zone where smart money likely stepped in to accumulate positions. This OB serves as my primary entry point.
Premium/Discount Zones: Using the Fibonacci retracement, I confirm that the entry aligns within the discount zone (below 50%), ensuring optimal risk-reward.
Confirmation Entry: I wait for a smaller timeframe BOS or bullish reaction near the OB to refine my entry.
Trade Details
Entry Zone: Near the OB, which aligns with ~$0.0112.
Stops: Below the OB low, protecting against invalidation.
Targets: Multiple take-profit levels (TP1 through TP5), with the ultimate target near $0.026