Price bounced hard from the 0.78–0.80 base and since then has been climbing inside a clean rising wedge.
Price is now around 0.97, pressing near the lower boundary after rejecting from the 1.04–1.05 upper trendline.
Here’s what stands out:
• Higher lows: 0.80 → 0.88 → 0.92 → 0.95
• Slower upside momentum near resistance
• Repeated rejections near 1.05
A rising wedge after a relief rally often signals volatility expansion is coming soon.
$Key levels:
🔹 If price breaks and closes above 1.05, momentum opens toward 1.12–1.18 quickly.
🔹 If the lower trendline near 0.95 fails, acceleration toward 0.90–0.88 becomes likely.
🔹 Lose 0.88, and 0.82–0.80 liquidity gets tested again.
Right now this is a compression phase between 0.95 and 1.05.
The move won’t stay slow for long.
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