
Bias: bullish if wedge resistance breaks with volume
Daily falling wedge still intact
Price is pressing into the apex, so resolution should be close
Volume expanded at the highs and faded on the pullback, which supports the idea of a healthy retracement rather than heavy distribution
RSI is stabilizing after a prolonged decline
Main trigger is a break above wedge resistance
Key structure to watch: near-term resistance around 5.7-5.9
If that clears, next area to watch is around 6.8-7.2
Invalidation is a clean loss of lower wedge support
Not financial advice.
