$FLOCK : BULLISH OR BREAKDOWN?
The chart is sitting inside an ascending channel.
Upper trendline → major resistance
Lower trendline → major support
Price rejected the top and is now coming back toward the lower boundary.
If support holds:
$0.092 → retest of the upper trendline → breakout attempt
But lose the lower channel…
$0.05 could come into play.
Would you buy the channel support or wait for the breakout confirmation? 👇
The chart is sitting inside an ascending channel.
Upper trendline → major resistance
Lower trendline → major support
Price rejected the top and is now coming back toward the lower boundary.
If support holds:
$0.092 → retest of the upper trendline → breakout attempt
But lose the lower channel…
$0.05 could come into play.
Would you buy the channel support or wait for the breakout confirmation? 👇
