new Flag pattern?
2025-01-07
Category: None

As observed, there were three flag breakouts in November 2024. However, the failure of the fourth flag breakout in December 2024 led to a correction.

The $0.85 level appears to be well-supported, creating a flagpole, and it seems to be forming a flag pattern now, awaiting a breakout.

Once the breakout occurs, it is expected to rise above $1.25