Very big chances to see it turning down preferability after a bullish pump to indulge everyone buying.
The price already accepted the long, if it goes back to equilibrium we have a nice long setup. nothing is sure, this is just what i am expecting and if that happens i would look for entry. i would double wait if possible, meaning that even if the price fall on the second position i would wait for a confirmation in lower time frames.
Strong reaction of the price after taking monthly liquidity levels, looking to explode long either from monday or ideally on the second level, that s where i would entry if the price allows me.
Price can reach this discount level to then confirm the strenght of the first leg ( the previous long impulse ) so we can reach higher