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
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.