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REDDIT

This is the kind of wedge setup I actually like watching before the crowd wakes up

B
Jul 2, 2026 · 17:34

$NRED chart is starting to look very interesting here.

Price got flushed into the lower end of the falling wedge, tagged the demand area, and now it is already trying to rebound. I have been watching for weeks and now it looks like go-time, finally.

Now the setup is pretty clear.

If $NRED can keep holding around this lower zone and volume continues building, I think the first reclaim area is $1.00 to $1.10. After that, $1.33 to $1.37 becomes the next real zone. A stronger move puts $1.50 back on watch, then $1.70 to $1.80. If momentum really comes back, the bigger breakout area is still around $1.97 to $2.00, with the old supply target zone higher around $2.12 to $2.21.

This is why I like watching wedges after heavy selling. The chart gets ugly, people stop caring, and then one volume-backed reclaim can change the whole read fast.

The catalyst side also lines up better now. Wilmac is not just a copper-gold story anymore. MetalCore flagged a copper-gold-platinum opportunity, including historical gold/platinum placer context, a direct PGE-related occurrence at POLARIS 16, magnetic support around Trojan-Condor, and the previously reported 1,125 ppm copper-in-soil anomaly at North Lamont.

For a junior copper-gold explorer, this is exactly the kind of setup I want on my screen

Not calling it guaranteed. But if this wedge breaks with real volume, I am all set

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