CROSS Showing Bullish Compression Above Key Fib Support — Breakout Soon?

CROSS is currently trading above the 0.618 Fibonacci support zone while forming a tightening consolidation structure on the lower timeframe.

https://preview.redd.it/z5f4ungjv31h1.png?width=1793&format=png&auto=webp&s=a42da84cd7234532d2b9052eb7f649eb5d077862

CMC link: [https://coinmarketcap.com/currencies/cross/](https://coinmarketcap.com/currencies/cross/)
From a technical perspective, this setup is interesting because:

* Price continues holding above key support
* Multiple higher lows are forming
* Selling momentum is weakening
* Compression structures often lead to volatility expansion

The 0.1189 region is currently acting as the main support zone, and bulls are defending it aggressively despite repeated retests.

If price breaks above the local resistance trendline, the next targets become:
0.1230
0.1271
0.1322

Invalidation:
Breakdown below 0.1160

This looks like a potential continuation setup as long as support remains intact.

NFA | DYOR