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After a massive spike from ~$0.02 to over $0.80 (likely listing or news-related pump), price entered a long distribution/consolidation phase

Day 1 :

Bias: Bullish continuation likely.

Rationale: Price broke structure with a strong bullish candle and volume. Traders who missed entry may buy the dip, especially around $0.26–$0.27.

Scenario: Expect a small pullback toward $0.27 support, then a test of $0.32 resistance again.

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Day 2 :

Bias: Cautiously Bullish / Possible Pullback.

Rationale: If $0.32 gets rejected again, price may pull back toward $0.25–$0.26.

Structure Watch: If higher lows continue to form, bulls remain in control.

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Day 3 :

Bias: Directional Decision Point.

Scenarios:

If $0.32 is broken with volume → move toward $0.38–$0.40 likely.

If failure at $0.32 and close below $0.25 → re-test of $0.22–$0.20 possible.

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Market Structure Signal: Higher high + higher low = short-term bullish trend forming.

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Warning

Watch Key Levels:Support: $0.26 / $0.22 / $0.17

Resistance: $0.32 / $0.40 / $0.50

Signal for Bulls: Clean break and close above $0.32.

Signal for Bears: Break below $0.25 with volume

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