While it’s stuck inside— nothing changes,we’re waiting for a breakout
You think it cracks down to a new low or bounces off the lower red and heads for the upper?
Yeah, that 0.75 bounce was textbook— price kissed it exactly where you marked and reversed.clean support test.
And you're right on the mid-range(0.5) acting as resistance right now. If price wants to go higher, it needs to flip that level into support first —otherwise we're stuck chopping or retesting lower.
Watching for that flip or rejection at 0.5. You seeing any volume spike or candle patterns that could signal the turn soon?
Appreciate the breakdown,your TA always on point 💪
While it’s stuck inside— nothing changes,we’re waiting for a breakout
You think it cracks down to a new low or bounces off the lower red and heads for the upper?
What I mean is look at where price bounced. Exactly where I marked the 0.75 level.
Mid-range (0.5) is acting as resistance, so that level needs to be turned into support in order to go higher.
Yeah, that 0.75 bounce was textbook— price kissed it exactly where you marked and reversed.clean support test.
And you're right on the mid-range(0.5) acting as resistance right now. If price wants to go higher, it needs to flip that level into support first —otherwise we're stuck chopping or retesting lower.
Watching for that flip or rejection at 0.5. You seeing any volume spike or candle patterns that could signal the turn soon?
Appreciate the breakdown,your TA always on point 💪