📊
🔍 On the 4-hour timeframe,
🟠 At the same time, price is navigating within a descending channel. A clean breakout above the channel’s resistance — supported by strong momentum — would validate a potential trend shift and strengthen the bullish case.
⚠️ This dual structure — reclaiming the symmetrical triangle while challenging the descending channel — is critical for the next major move. If the reclaim fails, short-term bearish pressure could continue. However, if buyers step up, this could mark the start of a new impulsive wave.
👁️ Keep a close watch — the next move will shape market sentiment!
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I share more in my court
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.