CleanSpark Price Analysis

• CleanSpark price is positioned near the support level of $8.79, suggesting potential upside.
• A breakthrough above $9.32 could propel CleanSpark stock towards $24.72.
• Current price action signals strong bullish potential if support holds.

CleanSpark Inc. (CLSK) is at a pivotal price point, having recently fallen to strong support around $8.79. This area indicates possible upward rebound. Traders await signs of movement as CleanSpark hovers near this critical level. The chart shows a defined upward channel, with the next target resistance point at $24.72. Price movement forecasts depend on maintaining support and breaking through resistance levels.

> The most valuable $CLSK chart on X follows through.
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Price Action and Key Levels

Currently, CleanSpark’s price tests support at approximately $8.79. The stock has previously attempted to climb to $24.72 but has failed to break this level three times. The price action remains strong, as CleanSpark consistently respects the support zone. The chart’s yellow arrow marks key support areas, where buying interest could surge if the stock holds at this level. If CleanSpark stays above $8.79, the next anticipated resistance target is $9.32.

The stock is traversing a complete ascending channel, guided by robust trendlines indicating expected price behavior. The upper resistance line nears $24.72, which serves as a significant resistance point. Breaking above this trendline could target prices over $20. A continued upward trend would reflect positive market sentiment surrounding CleanSpark, affirming favorable technical conditions and the company’s performance.

Market Sentiment – Future Outlook

CleanSpark is currently positioned in a crucial forward phase, with the following trading sessions expected to shape the stock’s direction. At $8.79, just above critical support, the stock could move toward $24.72 if it surpasses $9.32. A positive trend line and upward channel structure indicate a pullback opportunity as long as market conditions remain favorable. Investors and traders should monitor these levels to anticipate CleanSpark’s direction in the upcoming weeks.