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Lista Targets $0.39 After Double Breakout, Poised for Bullish Momentum
Lista has maintained strong bullish momentum with two major breakouts since April, each delivering gains above 60%.
The consolidation levels progressively defined to this wavy pattern existence at around $0.3700 are now met by current support, decreasing the chances of sharp turns.
Daily price dynamics will depend on the volume of transactions; as the bulls reach their targets of $0.3850-$0.3900, a pullback should retest the support levels of $0.3550-$0.3600.
The price action of Lista following the previous change has been quite interesting as we have witnessed a great upward movement of the price over the past few weeks. Price action data shows a continuation from previously identified breakout formations, which have delivered measurable results. Market tracking between late April and early August reflects two distinct upward surges, each developing from defined technical structures on the chart.
Lista Records Two Strong Breakouts, Extending Bullish Momentum
The first major upward move occurred after a breakout from a descending channel pattern. The price rose by approximately $0.1520, representing a gain of around 86.14%. This rally began in mid-April and extended through May, as resistance levels broke and volume increased. Price consolidation followed, leading to the second observed breakout setup.
Source: (X)
In late July, the market completed another upward surge. This time, price advanced by about $0.1411, equal to a 63.79% gain. This movement emerged from a smaller consolidation range, marked by sideways trading before breaking higher. The continuation reinforced the bullish momentum established earlier in the season.
Lista Holds Support as Chart Signals Potential Continued Upside
As of the latest recorded data, Lista is trading near $0.3700. Chart annotations project a further upward move, building on the previous two gains. The black arrow on the chart outlines a potential price path that extends higher. Support levels formed from earlier consolidation zones remain visible, indicating recent breakouts were sustained rather than quickly reversed.
Lista’s price trajectory shows sustained momentum from two major breakouts, with current levels holding support and projections indicating potential continuation toward higher targets in the near term.
Lista’s Breakout Momentum Sets Up Key Levels for Breakout Scenarios
Lista’s sustained breakout momentum and firm support zones suggest continued trader confidence. If the bearish pressure prevails, price would retest the $0.3850–$0.3900 level today as per the anticipated bearish direction. Strong buying volume and follow-through in the market would reinforce this scenario.
Conversely, a bearish reversal could return to $0.3550–$0.3600, especially if selling pressure is reinforced at current resistance. Supporting a bullish position is the common pattern of keeping gains on breakouts, but short-term chop in this range remains a possibility. Traders will be watching closely volume and intraday contours in determining whether either breakout continuation or pullback is likely.
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