In the past month, the second biscuit surged by 45%, but now it is at a 'critical crossroads' in its technical formation.
The triangle is getting narrower, and the direction will soon be revealed.
Once the direction is chosen, it may determine the entire trend for June.
[Ascending Triangle, or Downward Trap?]
· The second biscuit is currently oscillating within the 2600-2800 range;
· The daily chart shows an ascending triangle pattern, with resistance concentrated at 2800;
· If it breaks strongly above 2800, the target will be in the 3100-3300 range;
This is not wishful thinking; multiple major players have already prepared long positions, just waiting for the final push.
[Warning: The liquidation magnetic field in the 2600 area]
But danger also exists.
According to on-chain analysis, 'bull liquidation' forms a concentrated area between 2600-2700; if the price falls into this range, it may trigger a chain liquidation event, even dropping to support levels of 2500, 2319, or even 2200.
[Key Question: Are you a technical trader, or an emotional trader?]
Technically, this is a hard clash between 'breakout continuation' and 'downward pullback';
In terms of sentiment, the long-short ratio is nearing a critical point; once the direction is clear, there is a high probability of accelerated market movement.
[Second Biscuit Betting: Rebuild after Collapse, or Rise Again after Break?]
The 3000 mark is not only a psychological resistance but also a short-term accumulation zone;
2200 is a historical key support; if it is lost, the bulls will completely collapse.
Which side are you on?
Are you waiting for confirmation, or are you daring to gamble? #交易类型入门 #TRB #DOGE #PEPE #A $ETH $BNB $SOL
