$UUUU is painting an interesting setup on the charts right now. We're looking at a potential cup formation developing, and the real question is whether a handle shows up once price hits that supply zone overhead. What makes this compelling? Pretty much every timeframe is flashing bullish signals—not just one or two, we're talking across the board. That said, the coin could also just keep climbing without waiting for a textbook handle pattern. Either scenario works. The key is being selective about entry points. A clean dip into that supply zone would be ideal, but if we don't get that pullback, life goes on. Market's throwing plenty of opportunities at us these days, so no need to chase something that doesn't feel right. Just keeping tabs on how price reacts at this level.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned