Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The weekly structure has fully transitioned out of its 2022–2023 compression cycle, with price reclaiming the 200-week zone and stabilising above the 0.40 mid-range. The recent pullback into the 0.405–0.425 band is a classic reclaim-retest behaviour, aligning with the trend ribbon and confirming buyer presence at the reclaimed structure.
A clean multi-quarter volume void exists between 0.47–0.52, created by the prior breakdown in early 2023. Once price clears the micro-ceiling at 0.46–0.47, delivery into 0.52 becomes the natural magnet. Above that, the next major liquidity wall sits at 0.62–0.64 — a high-volume shelf that aligns with TP2.
A final shallow drift into 0.405–0.415 remains possible before expansion, but the entire bullish thesis stays intact as long as 0.355 holds.
“When structure resets and liquidity thins, the move isn’t momentum — it’s migration.”