Bone Shibaswap: Rising Wedge with Stoppage Supply

BONE is looking like it may retrace after scoring some nice gains. As I shared with my group: the rising spread is narrowing, volume showing signs of supply build after failures to rally in demand at key micro resistance points. One more potential rally may be in store, but this could be a false one if it breaks structure. Ultimately, I project the price falling back down to mitigate the lower retracement levels. If you're long in BONE, please make sure to take profit especially if you intend to milk the PA all the way to the wedge's confluence.

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*Not a financial advisor. Trade at your own risk.