PLAN IDEA💡
Price is still inside this prolonged pennant.
After a first breakout we got teleported back below 0.10$ level.
What now?🤔
W candle wick indicates that there was significant selling pressure during the period but strong demand showed up pushing the price back up before.
When a candle closes like this, it can indeed be seen as a bullish signal.
Additionally, a breakout from the pennant would be another significant indicator.
However, turning the resistance level (grey box) into a support level is crucial. If the price holds this level, it could lead to further upside.
Eyes on the grey box ! 🔑
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