🔥 $C98 — LIQUIDITY SWEEP & STRONG RECLAIM, MOMENTUM BACK IN PLAY 🔥

⏱ 4H timeframe | Binance Perp

Current price is around 0.0235, marking a ~20% increase today after a sharp downside sweep and an aggressive bounce. This setup is a classic stop-hunt followed by a reclaim, often indicating potential local bottoms.

What the chart is showing:
• 📉 Prolonged downtrend/distribution from the 0.025 zone.
• 🪂 Hard liquidity sweep below 0.020, effectively flushing out weak hands.
• 🚀 Instant vertical reclaim back above 0.023 with strong volume, signaling decisive buyer entry.
• 🔄 Price is now holding near the reclaimed level, avoiding an immediate fade.

Key levels to watch:
• Support: 0.0230 – 0.0235. Holding this zone keeps the reclaim valid.
• SL (Invalidation): below ~0.018. Losing this level would suggest a failed bounce.
• Upside Resistance/Targets:
• TP 1: 0.0250 (local high)
• TP 2: 0.0300
• Extension TP: 0.045 – 0.052

How to approach this setup:
• Avoid a blind FOMO long after the initial spike.
• Best case scenario: Price consolidates above 0.023, absorbs existing supply, then expands higher.
• Weak case scenario: Failure to hold support, leading to continuation of the previous range.

💡 Liquidity sweeps followed by fast reclaims are often the first signals of a momentum shift. However, confirmation always depends on sustained follow-through.

🧭 Stay cautious. This represents an early reversal attempt, not yet a definitive breakout.

(C98USDT)