After sweeping liquidity below the critical 0.43 zone, DRIFT has spent the past 19 days rebuilding a strong support base, indicating strong buyer absorption. The consolidation structure suggests accumulation is near completion.
Now the price is gearing up for a potential explosive breakout, with signs pointing toward a large impulse candle formation.
First Setup:
A clean 70% move is expected from current levels as the first leg of the rally.
Further targets will be assessed once price reaches the 0.77–0.80 zone, where key resistance and profit-taking activity could emerge.
Now the price is gearing up for a potential explosive breakout, with signs pointing toward a large impulse candle formation.
First Setup:
A clean 70% move is expected from current levels as the first leg of the rally.
Further targets will be assessed once price reaches the 0.77–0.80 zone, where key resistance and profit-taking activity could emerge.
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