The key signal is the lock-up around 1.15, while the order book shows a dense supply cluster from 1.16 to 1.25. This is not a clean breakout structure; every upside probe runs into a visible sell wall rather than absorbing liquidity efficiently. Intraday, the large volume bursts around 12:40 and near the close indicate active two-way turnover, but price remains pinned in the 1.15–1.16 band. Yesterday’s very large volume event around 14:30 followed by a retreat to 1.16 suggests fast momentum but weak follow-through. On the daily chart, the recent move from 1.23 down to 1.15 shows that short-term momentum has turned lower. The weekly view confirms that heavy turnover has not translated into price expansion, but instead into a giveback from 1.22 to 1.15. The monthly close near 1.15 shows the level is being defended, yet upside attempts remain capped by supply overhead. Overall, the dominant message is a high-volume, directionally muted congestion regime with clear overhead supply, not a news shock.