CLANKER has made a clean recovery from the 24.4 low and is now pressing into the 31.5–32.0 supply zone for the second time. The first push (Top 1) got rejected sharply, but the pullback was shallow and controlled, which is an important shift in behavior.Instead of breaking structure, price held the base around 28.8–29.0, built higher lows, and is now attempting a second test (Top 2). This tells us sellers are still present, but they’re no longer pushing price down aggressively.
Momentum right now is neutral-to-positive. This is a decision zone, not a breakout confirmation yet.
🔼 Breakout scenario
Acceptance above 32.2 can open continuation toward 34 → 36.
🔻 Rejection scenario
Failure here sends price back to 29.0, with deeper support at 27.8.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.