COMMONUSDT.P – Market in Observation Mode Before Triangle Breako
COMMONUSDT.P has recently shown strong short positions entering the market. As profit-taking from those shorts starts to appear, the selling pressure may begin to fade.
Currently, the price is consolidating inside two overlapping triangles — a bullish (ascending) one and a bearish (descending) one. The structure suggests that the market is in a decision zone, and we should closely monitor the coming hours for a clear breakout.
A bullish breakout above the upper triangle would confirm a potential upward wave continuation, while a bearish breakdown below the lower structure would signal a possible extension of the downtrend.
For now, it’s a market observation phase — patience is key until the price confirms the direction with a decisive move.
Currently, the price is consolidating inside two overlapping triangles — a bullish (ascending) one and a bearish (descending) one. The structure suggests that the market is in a decision zone, and we should closely monitor the coming hours for a clear breakout.
A bullish breakout above the upper triangle would confirm a potential upward wave continuation, while a bearish breakdown below the lower structure would signal a possible extension of the downtrend.
For now, it’s a market observation phase — patience is key until the price confirms the direction with a decisive move.
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.