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since the last readPrice has left the range the coin's last read drew.
Price has left the range the coin's last read drew.
Breakout from the 8.717–9.207 range on Oct 28, holding over it, price in the middle of the move since
The setup is clearly bullish while LEO holds over 9.251: price is back on a level that used to be resistance and now acts as a floor.
Backing it: it broke out of its month-long range and has held it, the indicators favour the buyers' side and the weekly chart is up.
Price is over the 50-day average (9.074). It is under the 200-day average (9.524).
The last 5 days are down 0.7%.
Price is 3.1% under 9.619, the top of the range it has built since the bounce, and 3.3% over 9.027, the low of that range.
What kills the setup: a daily close under 9.251, 0.8% away.
For it: price is above the average price buyers have paid since the 8.717 low, 9.263, so those buyers are in profit; more trading has happened on up candles than on down ones, so buyers have been the more active side.
Against it: price is below the Monthly VWAP (9.338).
While LEO holds over 9.251 the setup stays bullish; 9.619 is the next line it has to clear.
A 1D close above 9.619 clears the top of the range; the next level up is 9.801.
A 1D close below 9.251 ends the pullback to support in an uptrend; the next level down is 9.074.
9.027 is the floor — the low of the range. It is also the 0.236 retracement of the chart's whole range and the prior week low.
9.619 is the ceiling — the top of the range. It is also the prior week high.
On Oct 28 LEO closed above the 8.717–9.207 range it had held for a month. A wick went back under the old top, 9.207, to 9.131 on Oct 31, but no daily close has gone back inside.
Price is in the middle of the 9.027–9.619 range.
The weekly picture: a recovery off the cycle low, 28% under the all-time high; on the daily, price is below the 200-day average (9.524), and the 50-day average is below the 200-day average. The daily has no trend of its own.
Against BTC: over the last 5 daily candles LEO moved -0.7% and BTC -1.2% — LEO is moving with it.
The trend has been the buyers': the weekly chart is up. The indicators point the same way: more trading has happened on up candles than on down ones, so buyers have been the more active side.
The trend is weak — ADX 25, under the 25 where a trend is real, with buyers only slightly ahead (−DI 17, +DI 19).
| Level | Price | From price | Role |
|---|---|---|---|
| Swing high | 9.801 | +5.1% | swing, read |
| Read ceiling | 9.619 | +3.2% | read edge |
| 2-TF resistance | 9.605 | +3.0% | confluent, calendar |
| Swing high | 9.509 | +2.0% | swing |
| 2-TF resistance | 9.481 | +1.7% | confluent, golden pocket |
| 2-TF resistance | 9.358 | +0.4% | confluent, golden pocket |
| 3-TF support | 9.251 | -0.8% | confluent, golden pocket |
| Fib retracement | 9.207 | -1.2% | fib, sr |
| Fib retracement | 9.131 | -2.1% | fib, sr |
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