USAR — Multi-touch resistance; breakout watch

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Setup: Price is pressing a long, descending resistance with multiple prior rejections around $15.7–$16.5. Rising trendlines below suggest a constructive higher-lows structure.

Entry (valid only after breakout):

Trigger: Daily close above $16.45 (trendline + horizontal cluster) with strong volume.

Conservative: Wait for a pullback to $16.0–$16.45 that holds as support.

Invalidation / Risk:

Stop: Below $15.18–$15.25 (failed breakout / back inside range). Tighter traders can use < $15.50 intraday.

Targets:

T1: $18.50–$18.60 (recent supply)

T2: $20.00 (round-number / prior pivot)

Context: The lithium theme could see a bullish tailwind for U.S. names if Chinese import supply remains constrained, potentially favoring domestic producers and related plays—adding fuel to any confirmed breakout.

Timeframe: swing (days–weeks). As always, let price confirm the break; no entry before the close above resistance.

Feragatname

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