Figma down but wide open: double bottom holds, model stays long

Figma is in its 3rd week of a buy signal with strength at 87 out of 100 — high conviction — but the trade is currently down 18% from entry, in a stock with very elevated volatility. On the daily chart, a double bottom in the 18 area has held support; the confirmation week closed bullish and the first management window is 3 weeks away.