kekius maximus

where the price has touched the last support level on the H1 timeframe. You also mentioned that there is a possibility the price could move sideways for an extended period.

In this analysis, several key points you've highlighted are:

Support on the H1 Timeframe: This indicates that the price has reached a level that frequently acts as a reversal or support point. It suggests that the price might not fall below this support level in the short term.

Price Momentum: You mentioned that price momentum is still ongoing, which may indicate that the price is either continuing in a trend or undergoing a correction phase.

Potential Sideways Movement: This indicates that the price could move within a narrow range without a clear direction, often happening when there is market uncertainty or a lack of strong momentum in either direction.

Small Entry Size: Entering with a smaller position size is recommended to mitigate risk in case of unexpected market movements. This is a wise approach, especially in markets that might remain sideways over a longer period.