Why the Dinosaur Wants to Eat GrassHistorically, when price consolidates into a triangle (like the dino’s head here), it often signals compression before a significant move. In this case, the consolidation sits just below a key supply zone (21,750 area), forming a potential distribution top.
But why is our dinosaur looking to munch on that green grass down below (support around 21,605)?
• Similar formations during periods of exhaustion or after rapid rallies often result in sharp corrections.
• The green grass represents liquidity pools and prior demand where big players could reload.
• Note the sharp impulse up (the dinosaur’s neck) followed by a lack of momentum — a classic sign of weakening bulls.
So, just like in nature, when the top gets too dry and competitive, the dino (price) has to drop down to graze on safer, more nourishing grounds the unfilled orders lying at support
* NOT FINANCIAL ADVISE*
