Mar. 25 at 12:31 AM
$ACDC is right at the spot. Daily chart is showing higher lows pressing straight into 6.88 resistance, so the squeeze is getting tighter and this thing looks close to a decision.
2 levels I’m watching:
Bulls want a clean break and hold over 6.88. If that happens, 9.33 becomes the next bigger area on the chart
Bears gain control if it loses the rising trend structure and slips back under the recent breakout zone
Momentum is improving with RSI firming, so the setup is there. Now it needs follow-through.
Fundamental backdrop helps a bit too: Q4 2025 Adjusted EBITDA came in 49% higher than Q3, but leverage is still something to respect.
This is one of those names that can move if resistance finally gives. Watching for breakout follow-through vs another rejection.
