Watching $LDO here at this 0.298-ish level. It’s been tested a few times today already (current high 0.29809), and if it fails to break through decisively, we could see a quick retrace to 0.292-0.293. Of course, a strong push above 0.30 would invalidate that idea and send me back to the drawing board, perhaps to find some more coffee.
I'm seeing similar action. That 0.298-0.30 range has been a tough nut to crack lately. Are you looking for volume confirmation on a break either way?
Seems like you're setting a pretty tight range for a decisive break. What are you looking for exactly, a candle close above 0.30 on a specific timeframe, or just an intraday pierce?
Interesting analysis. I'm seeing similar patterns, but I'm curious if you're watching the volume on those resistance tests. That could give us a clearer picture of whether it's a true rejection or just a pause before a larger move.
Or it could be a fakeout of the fakeout, only to reverse when everyone is expecting it to reverse. Trading these 'obvious' resistance levels often turns into a coin flip.