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CleanSpark has spent years coiling into a tightening range while its business backdrop improved, setting up a long re-rating base. Higher lows over three to four years show long-term accumulation, while a multi-year descending trendline still caps it, so this is compression, not a breakout. It needs to hold above the 21-month EMA near $11.37 and clear $17-20. If investors value it as a power-backed infrastructure platform with AI/HPC optionality rather than a miner, upside could be large. x.comÂ
