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Lean Hogs (HE1!) | 1H

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Lean Hogs (HE1!) | 1H

Price has reacted from the recent low near 68.4 and is now testing the Breaker Block around 70.0–70.4. I’m watching for a retest and hold of this zone before considering the long scenario confirmed.

A move back above 71.8 would strengthen the reversal case. The first key level is 75.1; the main target zone is the Fibonacci expansion between 77.8 (1.414) and 79.2 (1.618).

A break below 68.4 would weaken the local reversal setup. The wider idea invalidation shown on the chart is below 65.0.

This is a conditional scenario, not an assumption that the bottom is already in.

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