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Current price: 2285.56 USDT, below the recent high of 2465.00, and is pulling back from the peak.
• SuperTrend trend line:
◦ The indicator line is currently at 2144.87, well below the current price, and is rising in a stepwise manner, indicating that the major daily trend remains upward, and this is only a short-term correction during the upward move.
◦ As long as the price does not effectively break below the trend line support near 2144, the overall bullish structure remains intact.
• Price channel:
◦ The previous lows are gradually rising, from around 1910 up to 2465, forming a clear ascending channel.
◦ The current price is in the upper part of the channel during a correction phase and has not yet touched the lower trend line support.