As long as price stays above the 200 EMA, the broader structure remains bullish. Buyers are gradually building volume and support around the EMAs, turning this area into a strong base that’s difficult for sellers to break.

The 100 EMA has also been reclaimed, with buyers maintaining control and showing a clear momentum shift on lower timeframes.

With structure intact, $4,000 stands out as the next key area to challenge and break.

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