HEXUSD is approaching the R1 level (0.012700), which is a resistance holding since July 14 2023, already having three rejections. The 1W MA50 is aggressively moving towards it from above as well, so if the price crosses the R1, closing a 1D candle over it while also closes a 1W candle over the 1W MA50, we will have the strongest bullish breakout signal possible. A 1D RSI crossing over its LH trendline would be an additional validation of the signal. Our target will be marginally under the R2 level (TP = 0.0400).
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