๐ Technical Breakdown
Ichimoku Cloud: Price reclaiming base support near the flat Kumo floor โ showing signs of early trend reversal.
MACD: Bearish momentum is slowing; histogram is contracting, and the signal lines are curling. A crossover is in sight.
Entry Zone: Sitting on the pivot at $13.39 with clean structure.
Target: $21.01 (+40.69%)
Stop: $12.82 (-14.57%)
R/R: 2.79 โ favorable skew
Price has room to run toward R1 with thin resistance overhead. This is a speculative breakout candidate, but the structure is tight and risk is defined.
๐ Macro Lens
D-Wave sits at the intersection of quantum computing and AI. If tech sentiment rotates bullish, this could be a sleeper.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.