This is a price breakdown of BTCUSDTPERP based on Smart money concept in combination with Supply and demand and candlesticks. By using the following: - Fractals Period 2: major and minor high and lows were identified. - Trend Change and break of structure were drawn to identify the trend. - Supply and demands zones were identified by using reversal patterns such as engulfing candlesticks to ensure area of entries and exits. - Fair value gaps were identified on the charts to identify future reversals.
I believe after market shift formation, Price tends to break the structure to revisits previous demands and supply zones. In this case, It is around a demand area which may indicates a possible bullish signals. Entry and exits with stop loss are drawn.