According to my technical analysis, I do not consider the current pattern to be an ascending flag. Rather, it is descending, a correction is coming. Be attentive to the area of 0.84.

$S SIGNAL ALERT 🟢✨️✨️✨️✨️🔥🔥🔥

After a strong rally to $0.99,

$S is now consolidating around $0.8752,

forming what looks like a

bullish pennant pattern.

This setup often signals

a continuation of the uptrend,

as price coils up before a potential breakout.

With strong buying volume and key support

around $0.8359, a push above $0.9131 could

trigger the next leg higher. Keep an eye on this

setup—if momentum builds, we could see

another attempt toward the recent highs!

However if $S dips below 0.82 then

we may consider this pattern to be rejected

and bearish sentiments will uphold & renewed.

Are you bullish or waiting for confirmation?

Let me know your thoughts!

DYOR

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