$U is trading inside a very tight range around its equilibrium after a sharp liquidity spike. Price briefly swept above the local highs near $1.0072$, filled buy-side liquidity, and immediately snapped back toward $1.0007$. This rejection is the key signal. The market is not accepting higher prices, and momentum has already cooled after the spike.
The broader structure remains range-bound with a slight bearish bias after the failed expansion. Volatility expansion occurred without follow-through, which typically precedes a mean reversion move back into the value zone. Liquidity is now resting below price, with the clearest magnet sitting at the prior low near $0.9995$.
EP (Entry Price): $1.0010$ – $1.0008$
TP1 (Take Profit): $0.9998$
TP2 (Take Profit): $0.9995$
TP3 (Take Profit): $0.9991$
SL (Stop Loss): $1.0032$
The current trend is neutral-to-weak after a clear rejection from the highs, showing no strength to sustain upside. Momentum shifted bearish immediately after the liquidity grab, confirming exhaustion rather than continuation. With price back inside the range and acceptance below $1.0010$, probability favors a controlled move lower toward resting sell-side liquidity at the prior lows.
