| Level | Price | From price | Role |
|---|---|---|---|
| Fib retracement | 0.010974 | +29.9% | fib, read edge |
| Fib retracement | 0.010223 | +21.0% | fib, read edge |
| Resistance | 0.009542 | +12.9% | plan leg |
| 2-TF resistance | 0.009453 | +11.9% | confluent, sr |
| Golden pocket | 0.008584 | +1.6% | golden pocket, calendar |
| Fib retracement | 0.008321 | -1.5% | fib, sr |
| 2-TF support | 0.007987 | -5.5% | confluent, sr |
| 3-TF support | 0.007790 | -7.8% | confluent, calendar |
| Projected floor | 0.005709 | -32.4% | plan leg |
RAIN is in a 0.00–0.00 box inside a daily downtrend, and price is drifting toward the 0.00 floor. What argues for higher: the weekly trend is up, and the bulk of trading is shifting higher — buyers are comfortable paying up (accumulation). What argues for lower: bearish structure — lower lows, and price broke below the last swing low (BOS down), and the drop has given back all of the rally before it — buyers did not hold it. The stronger case is lower: the timeframes lining up and the break of structure outweigh the weekly trend — but not by enough to settle it yet, so the levels decide. The last candles are drifting toward the 0.00 floor, with the downtrend — a drift is not a decision, so the reaction at 0.00 is what counts. On the daily chart, boxes like this have broken within about 4 candles, and 38% of first breaks closed back inside before reaching a target — so the close that holds matters more than the first poke. The 1D downtrend is strong — orderly and participated. Price is below every period open (day, week and month) — sellers have held every open this month. The decision sits between 2-TF support 0.00 and 2-TF resistance 0.00.
The ceiling is 0.00 (2-TF resistance) — until price closes and holds above it, rallies keep running into the same sellers. Overhead is a band, not a line — 0.00 (Resistance) sits just above the ceiling 0.00, so a clean upside resolution has to clear the group. 0.00 (2-TF support) holds the downside; it is the level that has to break for the bear case to work. Beyond the box, the next levels are 0.01 (Fib retracement) above and 0.00 (3-TF support) below.
At 34%, this needs a close and hold above 0.00. That opens 0.01 (Fib retracement) then 0.01 (Fib retracement). What backs it: the trend shows signs of exhaustion — stretched far from its average. It fails on a close and hold below 0.00.
This path is 59% and it starts with a close and hold below 0.00. Past it the only mapped level is 0.00 (3-TF support) — too close to count as a destination; beyond that the move runs into open space. It fails on a close and hold above 0.00.
At 7%, price keeps rejecting both edges of 0.00–0.00 and the range holds.
A close below 0.00 turns the drift into a break. A rejection at 0.00 sends price back across the box toward 0.00. The way to get this wrong: trading the middle of the box — the read only changes at 0.00 or 0.00.
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