MFPC: Post-ATH Consolidation Map

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🧪 MFPC: Post-ATH Consolidation Map

📊 The Pulse:

MFPC is playing a classic post-ATH consolidation game.
The immediate price action around your first line of defense will completely dictate the next short-term wave. 📈🏗️

🧱 Key Technical Map:

First Support (43.40): my immediate pivot point.
Holding above this floor keeps the bullish structure fully intact. 🧱🛡️

The Upside Path (46.26 → ATH): A successful hold here triggers a retest of the strong 46.26 resistance before challenging the absolute ATH. 🎯🚀

Second Support (41.40): If 43.40 breaks on expanding volume, expect a swift slide down to this secondary floor to shake out weak hands. 📉⚓

📝 Strategy:

Watch the Daily Close: Gauge the true strength of the 43.40 level on the daily candle close, not intraday market noise. 📊✅

Volume Check: If the price leaks toward 41.40, look for volume to dry up to confirm selling exhaustion. 🧱💨

Let the market test the levels and manage your risk at the boundaries! 🚀🔥🙌

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