I saw this types of distribution already, on the first glance it looks like a ascending triangle, but when you look closely you can see divergence building on the RSI.
If you are about to enter short here, you gotta know that sentiment is still pretty bullish, but on the other side, that gives me more confidence in shorting PNT right now.
ETH 2.0 event just acme...
we are go to a big resistance at 1.3840 its will be big chance to sell with a price action here ,
we will wait to see a price action first before sell .
we have a pig divergence
this like eur/usd in past analysis you can see this .
