Price has been respecting supply so far. Supply 1 was tapped and respected, and Supply 2 appears to have caused a break of structure to the downside. There’s potential demand forming below, but it’s still unproven — liquidity and imbalance remain underneath. Bias stays neutral until price can invalidate downside structure with a clear bullish break. Join my Free Skool to see how I plan trades like this each week — full setups with bias, thesis, and timing using the No-Chase Swing Method.