1. Bullish Breakout: If the price breaks above the upper resistance line (~$174), it could signal a bullish continuation, potentially targeting $180 or higher levels. 2. Bearish Breakdown: A break below the lower support line (~$170) may lead to a bearish move towards $164 or lower. 3. Volume Confirmation: A breakout or breakdown should ideally be confirmed by higher trading volume to ensure the move’s validity. 4. Neutral Phase: Until either of these lines are breached, the price might continue consolidating within this triangle.
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