Dec. 4 at 11:09 PM
$CLSK (8H) is on the verge of a major trend reversal! After a sharp correction, price has broken out of the immediate downtrend line and is now testing the key 61.8% Fibonacci retracement level. The volume has been strong on this push higher.
Key Levels for Confirmation:
🚀 The Breakout Level: Bulls need a clean close above the horizontal resistance and 61.8% Fib level, sitting right around
$15.50 -
$16.00. This also coincides with a critical High Volume Node (HVN) from the last consolidation.
🎯 Next Target: If the breakout confirms, the next major upside target is the peak of the next High Volume Node around
$18.00 before the previous high near
$23.00.
🛑 Must Hold Support: The new floor for the bulls is the confluence of the two ascending trendlines and the strong support zone around
$13.00 -
$13.50. A break below here invalidates the current breakout attempt.
This level is crucial—watch for the confirmation move!
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