stablecoin dominance update šØ āshort term -> broke out of the channel, bear flag invalidated, that's this week's red board explained ānow -> descending channel formed on top of the bounce āexpectation -> the white arrow, rolls back down āmonthly -> double top at 9.4% untouched, big picture intact āthe bounce was the market breathing, the channel is the exhale
$CRV \rightarrow at the five year descending line floor \rightarrow bounced off the magenta support, doubled since ānow \rightarrow 0.35, pressing the cyan line āfirst target \rightarrow $0.44 on the break through it \rightarrow $1.5 measured āinvalidation \rightarrow rejection back toward the floor āfive years of ceiling, one close from history
#WLFI $WLFI ā 161 days in the box āprice ā 0.0534, drifting toward the floor at 0.051 āthe test ā the box bottom, not the trigger yet āhold ā base matures, 0.064 break then 0.126 āweekly close below ā invalidation, posted either way āthe floor gets asked the question before the ceiling does
$STRK Breaks Key Resistance on the Daily Chart āSTRK has pushed above the major $0.061-$0.063 resistance zone, reaching around $0.0715 with strong bullish momentum. āMy view: This breakout looks promising, but the sharp move also increases the risk of a short-term pullback. āI'm watching $0.061-$0.063 as potential new support. If buyers defend this zone, $0.075 and $0.080 could be the next targets. āA daily close back below $0.061 would weaken the breakout setup. āI prefer waiting for a clean retest rather than chasing this candle. āConfirmation matters more than hype.
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