alright, let’s take a calm look at this one,…
has been moving sideways for a while now, but the important part is how price is behaving near the range highs,… every dip is being absorbed quickly, and sellers aren’t getting follow-through,… that tells us supply is thinning out,…
the structure shows repeated higher reactions from the lower zone, followed by compression under resistance,… this kind of tightening usually precedes a directional move,… and right now the pressure is building upward,…
as long as price holds above the recent support area, the bias stays constructive,… a clean push and hold above the current range would signal continuation,… while failure to break would likely mean more short consolidation rather than a breakdown,…
no rush here,… let the breakout confirm,… patience pays in these compression phases,…