🚨
ALGO is compressing across the charts, and it's reaching a major inflection point.
📉 2H: Navigating inside a descending channel, with lower highs pressing down
📆 Daily: Price is hovering at a historically strong support zone
📅 Weekly: Still holding within a broader ascending channel
Buyers are defending key ground, but pressure is mounting. A bounce here could spark a quick reversal 🔼 — failure to hold might accelerate downside momentum 🔽
These multi-timeframe squeezes don’t stay quiet for long.
👀 Which way are you leaning — bounce incoming or support breakdown?
Not financial advice.
📉 2H: Navigating inside a descending channel, with lower highs pressing down
📆 Daily: Price is hovering at a historically strong support zone
📅 Weekly: Still holding within a broader ascending channel
Buyers are defending key ground, but pressure is mounting. A bounce here could spark a quick reversal 🔼 — failure to hold might accelerate downside momentum 🔽
These multi-timeframe squeezes don’t stay quiet for long.
👀 Which way are you leaning — bounce incoming or support breakdown?
Not financial advice.
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.
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.