Apr. 9 at 6:30 PM
$AUR Here is the technical synthesis of what the charts are showing, divided by the Macro (Daily) and Micro (Hourly) perspectives:
📅 1. Macro Vision: Daily Chart (1D)
• Price Action and Patterns: The price is compressing within a large structure that resembles a symmetrical triangle or descending channel. Currently, the price (
$4.04) is testing the lower boundary of this structure, which acts as a strong support trendline.
• Smart Money Concepts (SMC): However, the price is dangerously approaching a large lower liquidity pool (HTF SSL - Higher Time Frame Sell-Side Liquidity) in the
$3.50 -
$3.70 zone. Often, the price "sweeps" this zone before reversing with strength.
• Momentum Indicators: * The RSI is in a neutral/low zone (~45), without showing extreme selling pressure.
o The Stochastic and MACD are in lower zones, suggesting that the daily selling pressure might be exhausting itself, preparing for a potential bullish crossover in the coming weeks.
