$牛来 — Rejection or Continuation?
$牛来 currently trading at $0.1365, after a strong bounce from the $0.07128 low.
This structure is important.
Price had a sharp run-up to $0.16200 before pulling back to the $0.126 support zone. Now, it's pressing back up toward the $0.146 resistance level. We're at a decision point right now.
If buyers break above $0.14658 with conviction and volume, the path toward a retest of the $0.16200 high opens up, with the next target sitting at $0.16654.
But if sellers step in here and reject price at this $0.140–$0.146 zone, we could see a pullback toward the $0.126