I just noticed something interesting on the chart. There is an ascending triangle forming, and the dynamic between buyers and sellers is quite revealing.

The structure is clear: at the top, we have a horizontal resistance where sellers keep trying to halt the movement. But the interesting part is below — the support is not a flat line, but inclined upward. That means every time the price dips, buyers step in at a higher level than the previous time. Higher lows, see? That’s pure buying aggression.

The psychology behind it is fascinating. When the price hits that horizontal resistance, sellers run away. But here’s the key: buyers don’t let the price fall. They hold it at a higher point. That indicates supply is being absorbed. It’s as if sellers are running out of ammunition.

In trading, this ascending triangle is a continuation pattern that typically precedes a strong bullish move. We’re waiting for that moment when the last seller runs out of stock and the price breaks through the resistance. When that happens, you need to watch the volume — it should be high, confirming that the breakout is legitimate.

What catches my attention most is that persistence of buyers. Every rejection, every time the price hits resistance, they re-enter but higher up. It’s a clear message from the market.

An important clarification: this is technical analysis for your reference, not investment advice. Analyze carefully before making any decision.