After forming a double bottom near 1.1699 at the 1H level, the price surged on the 13:00 hourly chart with increased volume, breaking through the short-term EMA20
$PENDLE 1.2223( resistance, indicating a return of short-term buying interest. Although the 4H level remains in a downward channel, the price has already risen above the EMA50)1.2396( key support, and the latest 1H candlestick closed above 1.216, refusing to decline further, which is an initial signal of multi-timeframe resonance. Market depth data shows that buy order depth (bid_ask_ratio_depth: 0.40) is weak, but open interest (OI)