$USUAL , fresh breakout???
usual after the first couple of hours of volatility broke out from its prev high of 0.9 ans was associated with a significant volume. thereafter it has been facing a resistance at 1.2 with the support of 0.9(earlier resistance) now after multiple attempts it has closed above 1.2 . however, volumes are decreasing suggesting a new normal, apart from chances of fake breakout. on the flip side the rsi is near the overbought areas.
the pattern target is around 1.5 dollars or so.
I would watch of there is a retracement and if 1.2 becomes a significant support to add on.