Current facts on the chart:

• trend alignment
  
• clear path beyond level
  
• prolonged base (consolidation)
  
• price compression (squeeze)
  

Expected conditions:

• volatility contraction on approach
  
• close retest
  
• at-level close
  
• extreme bar close
  

Objective risks:

• exhausted daily ATR
  
• deep rejection from the level
  
• distant retest
  
• high-volatility approach

Do you see this setup differently? Let me know your thoughts in the comments.
If this logic aligns with your trading plan, support the idea with a boost!

Disclaimer: This publication is part of my public trading journal. The material is strictly for educational purposes, reflects my market perspective, and is not financial advice.
Trading facts, not expectations.