Price Entered Range — Move Toward Upper Boundary ExpectedPrice has entered a clearly defined trading range (corridor). The lower boundary of this range is acting as strong support, where buyers are consistently stepping in.
As long as price holds above this support zone, the market structure favors a move toward the upper boundary of the range.
🔼 Bullish scenario:
– Holding above the lower range support
– Continuation toward the top of the corridor
– Long target: 🎯 $0.08
The lower boundary remains a key invalidation level. A breakdown below support would invalidate the bullish range scenario, but while price stays inside the corridor, upward continuation is the higher-probability outcome.
