N wave with E, N & NT projection. Currently price is near the edge of upper Kumo, indicating that the stock is at a critical level between bullish and bearish momentum. The Kumo appears to be slightly bullish. Tenkan Sen is flat, which often indicates a potential consolidation phase. The price is hovering around the Kijun-Sen, which acts as dynamic support/resistance. It's currently being tested as a support level. The current movement suggests a potential breakout toward the projected levels (N and E waves). If price breaks above the descending triangle and NT level (0.580). This would confirm the continuation of the uptrend. R1 - 0.530 (Tenkan Sen) R2 - 0.580 (52w high) S1 - 0.500 (Kijun Sen) S2 - 0.475 (Senkou Span A)
Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
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