Looking at the weekly timeframe, PATH is attempting to establish a higher low around the 0.236 logarithmic Fibonacci retracement level where it's meeting the Tenkan line. This confluence zone is worth monitoring closely as it represents a potential support area for the current cycle. If price holds here, it could signal strength for the next leg up.
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PATH Weekly Setup
Looking at the weekly timeframe, PATH is attempting to establish a higher low around the 0.236 logarithmic Fibonacci retracement level where it's meeting the Tenkan line. This confluence zone is worth monitoring closely as it represents a potential support area for the current cycle. If price holds here, it could signal strength for the next leg up.