If you see the 45-minute chart, it is making a bullish engulfing candle where the second green candle has more volume than the previous red candle. It is not breaking the structure upwards, but there is good resistance at that level, which means it can be broken anytime. Overall, it is an uptrend, so the chances of a breakout are higher than a breakdown.
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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.