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IAG has been consolidating for roughly a month now—and traders are eyeing whether this could be the calm before the storm. The trendline setup is looking interesting, with price holding key support levels throughout the accumulation phase. The question on everyone's mind: is this pattern finally primed for a breakout attempt? Market participants are watching closely to see if resistance gets cracked or if we're due for another squeeze. Either way, the next few candles could be telling.
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Holding onto key support? I only see that once a rebound occurs, it's time to sell. History tells us there are always lower points ahead.
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Breaking down or being squeezed again, honestly, it's all the same—eventually, it has to fall. Be patient, don't rush.
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Everyone is watching for a breakout, but little do they know the sharpest knife is hidden in their expectations.
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I bet the next candlestick is a false breakout, and then all the bagholders will cry.