FIG Breakout Holding Above MA50 — Testing $27.4 ResistanceFigma, Inc. Class ABATS:FIGQuietTraderFlow FIG continues to improve after breaking above its multi-month downtrend and reclaiming the MA50. The recent higher-low formation remains intact, while price continues to hold above the breakout area, helping confirm the shift in structure. Another encouraging sign is the recent volume expansion, suggesting stronger participation compared to previous rallies. The next major level to watch is the resistance zone near $27.4. This area represents a key decision point and could determine whether the current recovery develops into a larger trend reversal. If buyers can reclaim and hold above $27.4, the next upside target comes into view near $32. Beyond that, the MA200 around $37.6 remains the next major longer-term resistance level. On the downside, maintaining support above the MA50 remains important. Losing that level would weaken the current bullish structure and increase the risk of a deeper pullback. For now, the trend continues to improve, but the real test lies at resistance. Do you see FIG beginning a larger trend reversal, or is this simply a relief rally within the broader downtrend?