$VOXEL has broken a key downtrend resistance line and is now attempting to hold above the former resistance zone, which has flipped into support. This is a classic breakout + retest setup.
The 50 EMA is curving upward and supporting price from below, adding strength to the structure. As long as VOXIES holds this demand zone, the current setup remains bullish.
A successful bounce from this zone could lead to a strong continuation toward the next major resistance, as indicated by the blue target zone on the chart.
