Jun. 9 at 4:19 AM
$LZMH
1.24 is the area that stands out as a meaningful technical reference.
If price can continue to hold above that level, it would suggest the market is beginning to establish a stronger foundation beneath the current move. Often, the most compelling charts are those that demonstrate an ability to convert important levels into areas of support.
The reaction around 1.24 may provide a valuable read on the durability of the developing structure.
Curious whether others are tracking the same level or focusing on a different area of interest.