FF On the 6H timeframe, the larger structure is a clear falling wedge, formed by two converging downward trendlines. Price has been respecting this structure for months, printing lower highs and lower lows while volatility gradually compresses.
Now price is sitting near the upper boundary of the wedge, around the 0.080 – 0.082 area. This is a critical decision zone.
A falling wedge is typically a bullish reversal structure when broken to the upside. If price manages a clean breakout and holds above the upper trendline, we could see momentum expansion toward:
• 0.100 → First major resistance
• Higher continuation toward previous supply zones if strength sustains
However, if price rejects from this upper boundary again, continuation toward:
• 0.072 – 0.070 → Internal support
• Lower wedge boundary retest
The key confirmation is a strong 6H close above the wedge resistance with increasing volume. Until that happens, structure remains compressive but not confirmed bullish.
This is a classic volatility squeeze setup. Breakout direction will define the next major move.
@Falcon Finance $FF #FFToken #ff