Chart is looking very $META-esque here, very very tight ascending wedge here and it is difficult to see how this can remain ascending in this structure, a formation like this is very bearish....unlike $META, this looks more impulsive than $META so $SPOTs pull back may not be as extreme....but I am still expecting a pull back soon from both. $SPOT may have a bit more to run to the 1 Fib at $173 first.
alexkim1211
2023-07-26 15:48:32 +0000 UTC