Compressing hard into a symmetrical wedge, higher lows against a series of lower highs since the 0.1377 top. Currently at $0.076196, down -1.20%, sitting right at the apex with strong support below at 0.05-0.06.
This tightening structure sits above a much larger rounding bottom base from earlier in the year โ the kind of setup that often resolves with a sharp move once it finally breaks.
If this holds the higher-lows trendline and support zone, this squeeze could be the final shakeout before the next leg. Break down through support instead, and that read changes fast.
Watching for a confirmed breakout candle before assuming direction.๐
Break the wedge pattern with an upswing candlestick on the daily chart. Confirming the successful breakout may trigger a strong rebound, paving the way for a powerful uptrend in the coming sessions โ๏ธ