CLSK: Breakout Commeth! - Fib Reclaim in Play After Trendline

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CLSK Daily — Fib Reclaim in Play After Trendline Break

CleanSpark bottomed at the full 1.0 retracement ($8.00) and has been building a recovery structure since mid-March. The descending trendline from December highs is now broken — price is consolidating above the 0.618 fib ($10.85), currently trading $11.18.

Structure:
— Swing high: $15.49
— Swing low: $8.00 (1.0 fib, clean bounce)
— 0.618 ($10.85) acting as reclaimed support
— Descending trendline from Dec broken and retested

Levels I'm watching:
▸ Hold above $10.85 (0.618) → structure stays intact
▸ $11.73 (0.5 fib) — first real test of continuation
▸ $12.61 (0.382) — the level where shorts start covering
▸ $13.70–$14.37 (0.236–0.146 zone) — supply cluster
▸ $15.49 — full recovery / swing high reclaim

Invalidation:
▸ Daily close below $10.85 unwinds the fib reclaim thesis
▸ Below $10.22 (0.707) and the recovery structure is broken

Bias: Constructive above 0.618. This is a fib ladder setup — each level proves or kills the next. No need to front-run. Let price show its hand at $11.73.

Process over prediction. Risk-first, always.

— WaverVanir

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