Jun. 22 at 10:02 PM
$SU followed through on the hammer at the 200 EMA with a confirming close above the reversal candle.
This now validates a potential pivot low structure, with buyers stepping in at a key support confluence and defending it on follow-through.
Risk is clearly defined at the 200 EMA zone, while upside momentum can continue as long as price holds above the pivot base.
At this stage, it’s a confirmed short-term reversal setup, with continuation dependent on sustained closes above the reclaimed level.
