The chart shows a textbook breakout from the descending wedge with a clean retest of the rising trendline. This structure confirms a shift in market behavior — buyers are stepping in at higher lows.
📈 Technical Context:
Weekly trendline retest successful around $10–11
Strong weekly close above $12.00 confirms bullish intent
Next structural targets align at $20 → $28 → $45 (macro projection)
RSI momentum turning positive from midline — supports continuation
This could be the early stage of a multi-leg expansion if liquidity above $14–15 is cleared. Macro tailwinds (AI, lunar contracts, space tech funding) may further support upside pressure.
🎯 Bias: Bullish continuation
📆 Timeframe: 4–12 weeks
📉 Invalidation: Weekly close below $10
#LUNR #VolanX #TechnicalAnalysis #SmartMoneyConcepts #WaverVanir #Trading
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stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.