This may be a breakout a real one as the price is correcting after breaking upwards.
Which also may more likely be a fakeout because it failed to break above the trendline
It's not clear but because of the bigger picture expects a deeper correction
Lower tf should resemble as they are still bullish.
Price is under new ath resistance and far above last support being consolidating which may call another retest of the same support for more buyers in order to gain more strength to the upside right now the price is still in the middle it's better to wait for the retest of the support or breakout of the above trendline and correction for more upside otherwise it's not clearly bullish trend as you can see it's declining and only bouncing little and going deeper further again.
Which also may more likely be a fakeout because it failed to break above the trendline
It's not clear but because of the bigger picture expects a deeper correction
Lower tf should resemble as they are still bullish.
Price is under new ath resistance and far above last support being consolidating which may call another retest of the same support for more buyers in order to gain more strength to the upside right now the price is still in the middle it's better to wait for the retest of the support or breakout of the above trendline and correction for more upside otherwise it's not clearly bullish trend as you can see it's declining and only bouncing little and going deeper further again.
