Cipher Mining's chart is looking pretty solid right now. The stock's been building off a strong volume base, consolidating in what looks like a textbook bull flag pattern—except it's not just sitting there, it's actually climbing within that formation.
What caught my eye is how it's holding above support while gradually stepping higher. The technical setup suggests a potential move toward $25.52, which would test those previous peak levels.
For anyone tracking mining stocks, this gradual accumulation phase with rising lows could be setting up for a breakout. The volume shelf provides a decent foundation, and that bull flag structure typically resolves upward when you see this kind of controlled ascent.
Keep $25.52 on your radar as the key resistance zone to watch.
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Deconstructionist
· 11-28 18:53
The bull flag is slowly climbing, I like this rhythm, just afraid it will suddenly get dumped.
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SigmaBrain
· 11-28 01:58
bull flag pattern + slow accumulation, this rhythm feels a bit familiar... let's wait and see at 25.52
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digital_archaeologist
· 11-26 16:44
I've heard this bull flag pattern rhetoric quite a few times, but it's really hard to say if it can break $25.52.
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GasFeeNightmare
· 11-25 20:06
I've heard the saying about the bull flag pattern many times. The last time it was mentioned, it directly fell through the support... However, 25.52 should indeed be followed closely.
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PriceOracleFairy
· 11-25 20:02
ngl, that $25.52 target is giving textbook resistance vibes... but where's the real liquidity depth tho?
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SleepyValidator
· 11-25 20:02
Bull flag slowly climbs, I like this rhythm, whether $25.52 breaks or not is the highlight.
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ThreeHornBlasts
· 11-25 20:01
I am optimistic about the bull flag pattern this time, but I don't know if it can really reach 25.52.
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ConsensusDissenter
· 11-25 19:50
Bull flags don't necessarily have to go up; it could very well be a false breakout.
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shadowy_supercoder
· 11-25 19:40
Bull flag pattern is climbing, keep a close eye on the key level of 25.52, the rhythm of mining stocks is getting more exciting.
Cipher Mining's chart is looking pretty solid right now. The stock's been building off a strong volume base, consolidating in what looks like a textbook bull flag pattern—except it's not just sitting there, it's actually climbing within that formation.
What caught my eye is how it's holding above support while gradually stepping higher. The technical setup suggests a potential move toward $25.52, which would test those previous peak levels.
For anyone tracking mining stocks, this gradual accumulation phase with rising lows could be setting up for a breakout. The volume shelf provides a decent foundation, and that bull flag structure typically resolves upward when you see this kind of controlled ascent.
Keep $25.52 on your radar as the key resistance zone to watch.