MCLEAN - POTENTIAL PRICE MOVEMENT

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MCLEAN - POTENTIAL PRICE MOVEMENTMClean Technologies Bhd.MYX_DLY:MCLEANmg6112N wave with N & NT projection Price is above Tenkan sen & Kijun sen and now testing the Kumo from below. A daily close above the Kumo (~0.58–0.60) would confirm a trend transition to bullish. Chikou Span is approaching price candles; clearance above historical price would further strengthen the bullish bias. A downtrend line from the B peak is being tested/barely penetrated. Volume: pickup on recent recovery bars — supportive for continuation if sustained. Short–medium bias: cautiously bullish while price holds above NT (0.53). A clean daily close above the downtrend line and local resistance (0.58–0.60) would increase the chance of the N projection playing out. If price fails to hold above NT (0.53) on a daily close, the bullish count weakens and a retest of the C area (0.38–0.42) becomes more likely. Ichimoku: neutral→mildly bullish as long as price stays above Tenkan/Kijun and the Kumo's lower edge remains intact. Support 0.530 – NT projection & immediate structural support 0.500 – psychological and prior demand zone 0.470–0.480 – failure level (below corrective low) Resistance 0.580–0.600 – Kumo resistance & downtrend line 0.650–0.680 – previous supply zone 0.840 – N-wave target (major resistance) Entry: take a position after a confirmed daily close above the trendline and ~0.58–0.60 with volume confirmation. Stop: just below NT — ~0.52–0.525 (or 0.53 for tighter risk). Invalidate bullish plan on a daily close below 0.53 with rising volume — then consider flat/short or wait for structural recovery. Size position so stop loss equals your predefined % risk. Trail stops to Tenkan/Kijun as price advances. Note: 1. Analysis for education purpose only. 2. Trade at your own risk.