$OI is currently forming some compelling chart patterns. On the weekly timeframe, an inverse head and shoulders setup is developing nicely—the kind of reversal formation traders often monitor for potential upside breakouts. Zooming out to the monthly chart adds another layer of interest, with similar inverse H&S structure taking shape across a longer cycle. When both weekly and monthly timeframes align with the same bullish pattern, it typically captures more attention from the market. Whether this follows through depends on volume confirmation and resistance levels ahead, but the technical setup is definitely worth keeping on the radar.
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CounterIndicator
· 12-13 19:50
Double time frame resonance, this time it's really interesting, finally not a false breakout.
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SellTheBounce
· 12-13 12:35
Sell on rebound, I've seen this trick many times. The technical chart looks good, but if the trading volume can't keep up, everything is pointless.
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tx_pending_forever
· 12-12 23:46
Dual-cycle resonance, if this wave can break through the resistance level, it will be interesting to watch.
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FarmToRiches
· 12-12 23:34
Both weekly and monthly charts show inverse shoulders at the same time, which really requires careful observation... I'm just worried it might be a fake-out again.
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LayerZeroJunkie
· 12-12 23:29
Both the weekly and monthly charts show inverse H&S patterns. Now it's time to pay close attention... Let's wait for volume confirmation.
$OI is currently forming some compelling chart patterns. On the weekly timeframe, an inverse head and shoulders setup is developing nicely—the kind of reversal formation traders often monitor for potential upside breakouts. Zooming out to the monthly chart adds another layer of interest, with similar inverse H&S structure taking shape across a longer cycle. When both weekly and monthly timeframes align with the same bullish pattern, it typically captures more attention from the market. Whether this follows through depends on volume confirmation and resistance levels ahead, but the technical setup is definitely worth keeping on the radar.