Bear flag or bearish pennant (continuation pattern; breakdown may accelerate; preferred short setup)
$LINK : Down about 21% in the past 24 hours, with a low-volume rebound. Resistance: 16, 18; support: 13, 12. Trend: If the rebound fizzles out at EMA20, the next downside target is 12. See above for the coin introduction.
$AVAX : Down about 21%, forming a weak flag pattern. Resistance: 38, 42; support: 30, 28. Trend: A breakdown points to 28. Coin introduction: AVAX is the native coin of the Avalanche public blockchain, which has many subnet and RWA use cases.
$UNI : Down about 20%, with a weak rebound. Resistance: 8.5, 9.5; support: 6.5, 6.0. Trend: Short near the end of the rebound. See above for the coin introduction.
$LINK : Down about 21% in the past 24 hours, with a low-volume rebound. Resistance: 16, 18; support: 13, 12. Trend: If the rebound fizzles out at EMA20, the next downside target is 12. See above for the coin introduction.
$AVAX : Down about 21%, forming a weak flag pattern. Resistance: 38, 42; support: 30, 28. Trend: A breakdown points to 28. Coin introduction: AVAX is the native coin of the Avalanche public blockchain, which has many subnet and RWA use cases.
$UNI : Down about 20%, with a weak rebound. Resistance: 8.5, 9.5; support: 6.5, 6.0. Trend: Short near the end of the rebound. See above for the coin introduction.