HEROMOTOCO | Weekly Breakout Analysis

📉 Yellow Line — Weekly Counter-Trendline (WTF CT) resistance finally broken with conviction. This line guided the entire downtrend and its breach signals a strong structural shift.

📈 Red Parallel Channel — A hidden resistance channel formed during the recent consolidation phase. Price climbed within this tight range and has now broken out, confirming internal strength and directional intent.

🟧 Orange Horizontal Line — Major Monthly Time Frame (MTF) resistance, which now acts as the next crucial target. The breakout candle has enough space to breathe before testing this overhead level.

⚪ White Dotted Line — Daily Time Frame (DTF) counter-trendline that had already been broken earlier, providing early signs of reversal. Serves as a great precursor to the higher timeframe breakout.

📊 Volume: Weekly breakout accompanied by ~5.57M volume — exceeding the 50K benchmark required for WTF breakout validation. Strong institutional interest is evident.

🟩 Structure: Price has formed a higher low base and broke out cleanly above all marked resistances — a sign of strength across all timeframes.