📊 $IN 15mins Chart – Double Bottom Breakout

#INFINIT is forming a classic Double Bottom reversal pattern after a sustained downtrend, signaling potential bullish reversal if neckline resistance is cleared.

Bottom 1: Formed around 0.10400 with a sharp sell-off, followed by a relief bounce.

Bottom 2: Retested the same zone with reduced selling pressure, indicating seller exhaustion.

Neckline: Around 0.11780 – this is the key breakout level to confirm the reversal.

🔹Price action shows higher lows post-second bottom, suggesting a shift in market sentiment.

🔹Volume is gradually increasing on upswings, supporting the probability of a bullish breakout.

🔹A breakout above 0.1178 could open room for a short-term rally toward previous highs in the 0.122–0.125 zone.

Support: 0.1060 – 0.1020

Resistance: 0.1178 (neckline), then 0.1220–0.1250

Invalidation: A close below 0.1020 would weaken the bullish structure and risk continuation of the downtrend.

If buyers manage to sustain pressure and push above the neckline, the measured move from the double bottom pattern projects a potential ~4–6% upside from breakout. However, rejection at neckline could mean extended consolidation between 0.106–0.117 before the next decisive move