TARS AIAs you can see, this token has been in a consolidation phase for 3 months. The bears couldn't break the support, and the bulls couldn't break the resistance. 🐂⚔️🐻
While the candles can indicate it's more bullish than bearish, to me, the pattern looks like a bearish ascending triangle. If the price doesn't make a bullish move soon, it will lose its semi long-term support line as well, and in that case, it can bounce back to the lowest previous trading range, which was $0.10. But if $0.26 acts as a good kid and holds the price, CSE:TAI can make it to the drawn resistance line at $0.80.
On the other hand, the pattern is similar to the previous one, and since it had a bullish breakout then, it could happen this time as well.
Overall, the chart looks great for the long term if we see bullish candles.
For now, the price is moving near the resistance line, and it can be broken if the 🐻s get bored, but it might be a good buying opportunity.