Still watching patiently.
🔹 Price has broken the parabolic downtrend, but no confirmation of reversal yet.
🔹 AO (Awesome Oscillator) is printing a clean bullish divergence — first signal of momentum shift.
🔹 We’re sitting just above the Point of Control (POC) — the area with the highest volume traded.
📌 My preference:
Would love to see a final flush sub-$0.10 to sweep liquidity → trigger a fast reversal.
But… not convinced we’ll get it. If we don’t — any reclaim above $0.20 likely results in a swift breakout.
🎯 Why this matters:
Once confirmed, there’s very little resistance overhead. The upside could be vertical.
⚠️ Patience here is key. If it breaks up — it’s likely to go fast.
🔹 Price has broken the parabolic downtrend, but no confirmation of reversal yet.
🔹 AO (Awesome Oscillator) is printing a clean bullish divergence — first signal of momentum shift.
🔹 We’re sitting just above the Point of Control (POC) — the area with the highest volume traded.
📌 My preference:
Would love to see a final flush sub-$0.10 to sweep liquidity → trigger a fast reversal.
But… not convinced we’ll get it. If we don’t — any reclaim above $0.20 likely results in a swift breakout.
🎯 Why this matters:
Once confirmed, there’s very little resistance overhead. The upside could be vertical.
⚠️ Patience here is key. If it breaks up — it’s likely to go fast.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.