$JST was compressing in a triangle while weak hands waited for another dump. Now the price is trying to break out upward.
The 0.1409 zone is now in play.
If buyers secure the breakout, the next target is 0.1438–0.1440. Sellers will have to either defend the level or watch the price move higher.
But one spike proves nothing. The 15-minute candle close will determine whether this was a genuine breakout or another false hope.
The 0.1409 zone is now in play.
If buyers secure the breakout, the next target is 0.1438–0.1440. Sellers will have to either defend the level or watch the price move higher.
But one spike proves nothing. The 15-minute candle close will determine whether this was a genuine breakout or another false hope.