CHILLGUY remains inside a strong descending channel, respecting the broader bearish structure.
The current move is a small relief bounce from the lower boundary, but price is still trading below the midline and key resistance, showing no real shift in momentum. Lower highs continue to form, confirming weakness.
Unless price breaks and holds above the channel mid-range, this bounce is likely corrective. Rejection here could lead to continuation toward the channel lows.
For now, trend remains bearish. This is recovery, not reversal.
The current move is a small relief bounce from the lower boundary, but price is still trading below the midline and key resistance, showing no real shift in momentum. Lower highs continue to form, confirming weakness.
Unless price breaks and holds above the channel mid-range, this bounce is likely corrective. Rejection here could lead to continuation toward the channel lows.
For now, trend remains bearish. This is recovery, not reversal.
Market Structure • Price Action • Crypto Updates
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Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。