The typical head and shoulders bottom structure of NFP has appeared, is the next round of launch imminent?
From the perspective of the graphic structure, $NFP has formed a standard 'head and shoulders bottom' pattern on the daily chart, successfully breaking through the neckline resistance, and is currently in the pullback confirmation phase. In terms of trading volume, the right shoulder has shown a significant increase, indicating active capital support.
The technical points are as follows:
✅ Left shoulder/head/right shoulder symmetry is evident
✅ Pullback confirmation after breaking the neckline, support is effective
✅ Volume breakout, capital signal is clear
✅ Stoch RSI is close to oversold, momentum is sufficient
If there is a subsequent volume increase, the target can refer to the height from the head to the neckline, with an initial target around 0.12, and in the medium to long term, it is expected to challenge the previous highs of 0.16~0.18.
Shape confirmation needs to be accompanied by trading volume and market sentiment resonance, and one should not blindly chase high prices; controlling position size is fundamental.
To catch the starting point of the next potential coin, paying attention to the 'capital movement' behind the graphics is key.
