The horizontal support has been tested too many times. If it breaks again this time, it won't be a joke. Wait until the weekly candle closes before making a move.

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ELIX
🚨 Coinbase Is Sitting on a Critical Level.

This isn't just another dip.

The weekly chart is forming what looks like a Right-Angled Broadening Top — a pattern that often signals rising volatility and potential trend exhaustion.

Here's what stands out:

• Price keeps printing lower highs, showing buyers are losing momentum.

• The horizontal support has been tested multiple times. Every retest increases the risk of a breakdown.

• If this support fails with strong volume, the measured move suggests a much deeper correction could follow.

That said...

Support is support until it's broken.

A strong weekly close above recent lower highs would weaken the bearish structure and shift momentum back to the bulls.

📌 Key takeaway:

Don't predict the breakout.

React to confirmation.

In markets, patience often outperforms prediction.

What's your view — bounce from support or breakdown next? 👇📉

#Get2SharesOfSKHynixAtZeroCost
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