U.U is forming a spinning top pattern, with the weekly close approaching, which is a typical market hesitation signal. Notably, this spinning top appears below a resistance level, adjacent to a gradually forming inverse head and shoulders neckline. From a technical perspective, the appearance of a spinning top at a resistance point usually reflects a balance of power between buyers and sellers — bulls trying to break through resistance, while bears hold their ground. This stalemate often indicates an upcoming directional choice. The key moving forward is whether it can effectively break through the neckline resistance or experience a cooling retreat in this area. In the short term, closely monitor the volume and momentum conditions.
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FromMinerToFarmer
· 01-09 23:48
The spinning top is choosing a direction again. Will it break through this time or continue to trap people?
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SchrödingersNode
· 01-09 23:42
The spinning top is hitting the resistance level, with bulls and bears in a stalemate. This move will either break through or plunge; there's no third possibility.
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zkProofGremlin
· 01-09 23:39
The appearance of a spinning top indicates that it's time to choose a direction. Whether this wave can break through depends on whether the trading volume is strong enough.
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GasWaster
· 01-09 23:37
spinning top at resistance again? bruh i've seen this movie before, watched my txs fail right at the breakout... probably gonna dump the moment i bridge funds over smh
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SerRugResistant
· 01-09 23:25
The spinning top encounters resistance again. This wave definitely needs to choose a direction; it all depends on whether the volume can support it.
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ConsensusDissenter
· 01-09 23:22
Spinning top encountering the neckline, can this wave break through? Seems like both bulls and bears are testing.
U.U is forming a spinning top pattern, with the weekly close approaching, which is a typical market hesitation signal. Notably, this spinning top appears below a resistance level, adjacent to a gradually forming inverse head and shoulders neckline. From a technical perspective, the appearance of a spinning top at a resistance point usually reflects a balance of power between buyers and sellers — bulls trying to break through resistance, while bears hold their ground. This stalemate often indicates an upcoming directional choice. The key moving forward is whether it can effectively break through the neckline resistance or experience a cooling retreat in this area. In the short term, closely monitor the volume and momentum conditions.