Price action shows tight range compression following a clean upward impulse. Buyers are actively defending the lower boundary of the current range, setting up a classic flag-like continuation setup. A successful break above the local range high should accelerate buying pressure.
EP
$0.05950 - $0.06220
TP
$0.06850
$0.07300
$0.07850
SL
$0.05680
Consolidation above the demand zone reinforces the bullish bias for further upside. A failure to hold support will trigger a deeper breakdown and invalidate this setup.
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