- VITEUSDT hit an all-time high and retraced.
- Price is retesting the flip horizontal support.
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a signal.
- The market is accumulating in a ranging pattern.
- This is a build up pattern
BUY ENTRY ⬆️
- Breakout above the accumulation phase resistance.
- Horizontal (R1).
- Horizontal (R2).
- Horizontal (R3).
SETUP INVALIDATION ❌
- Breakdown below the accumulation phase support.