$OP —the breakout above 0.151 did not hold
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After the daily close above 0.151, the price fell back below the level. Today, it is also below the 0.137–0.140 area, so the breakout has not been confirmed as holding.
A new move by $OP above 0.151, followed by a daily close and a hold on a pullback, would strengthen the scenario of a retest of 0.163.
A close by $OP below 0.123 would invalidate the hypothesis that the recovery base is holding.
Subscribe + like
After the daily close above 0.151, the price fell back below the level. Today, it is also below the 0.137–0.140 area, so the breakout has not been confirmed as holding.
A new move by $OP above 0.151, followed by a daily close and a hold on a pullback, would strengthen the scenario of a retest of 0.163.
A close by $OP below 0.123 would invalidate the hypothesis that the recovery base is holding.