Technical Setup:

Following the recent break of structure (BOS), price is offering a reaction and preparing for a downside expansion sequence.

Main Thesis: Expecting price to extend downward toward the external Fibonacci targets to clear lower liquidity pools.

Main Target (Fix 100%): The 1.414 – 1.618 Fibonacci expansion zone around 0.06960.

Idea Invalidation: Structural acceptance above the local high level at 0.07075.