INSP: Multi-TF Bullish Divergence at a Major Long-Term Support

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INSP: Multi-TF Bullish Divergence at a Major Long-Term Support Inspire Medical Systems, Inc.BATS:INSPibraheeemzINSP has been in a persistent downtrend since peaking near 330 in July 2023, losing significant value over the past three years. However, the stock has now reached a major long-term support zone that has been respected since March 2020. Several technical factors are beginning to align: ✅ Strong weekly bullish rejection from support ✅ Exceptionally high buying volume ✅ Bullish divergence visible across multiple timeframes, suggesting downside momentum is fading The first resistance is the 48 resistance level. A successful move above it would strengthen the bullish case, while a decisive breakout and sustained close above 60 would likely confirm a new uptrend. Rather than anticipating the move, the preferred approach is to follow the trend once the breakout is confirmed. As long as 38 holds on a daily closing basis, the current bullish setup remains valid. Key Levels Support / Invalidation: 38 (daily close) Initial Target: 48 Trend Confirmation: Sustained breakout above 60 Patience is key here. The long-term trend is still bearish, but the technical evidence suggests this could be the beginning of a meaningful reversal if buyers continue to build momentum.