channelpattern

🔄 $TRB – Channel Support Test + Inverse H&S Forming

🕓 On the 4H timeframe, $TRB is moving inside a channel, currently testing the lower boundary

⚠️ This zone can lead to a quick reversal or a clean breakdown — watch closely 👀

📆 On the daily chart, it’s shaping an inverse Head & Shoulders pattern

📍 Key level: $38+ must be claimed and held for bullish momentum to kick in 🔼

#TRB #InverseHeadAndShoulders #ChannelPattern

📉➡️📈 *Descending Channel Breakout Setup*

*Current Price:* 6.248
*Support Zones:* 🛡️5.77 and 5.00
*Target Levels:* 🎯6.45 → 6.78 →7.145

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The price is moving within a *descending channel*, a structure often associated with *bullish breakouts* once the pattern is invalidated to the upside. Currently trading at 6.248, it's hovering near a *key breakout zone*.

*Bullish Outlook:*
- If price breaks and closes above the upper trendline with strong volume, we could see a push toward6.45 quickly.
- Continuation beyond that would open the path toward 6.78 and even7.145 in a stronger rally.

*Risk Management:*
- 📉 If the breakout fails, price may revisit the *5.77 support*, and in a deeper pullback, *5.00* remains a key level to hold.

This setup is ideal for *swing traders* watching for high-probability reversal patterns. Keep an eye on momentum indicators and volume — if they spike, it could confirm liftoff 🚀

$LPT
$C98

#CryptoTrading #Breakout #ChannelPattern #TechnicalAnalysis 📊🔥