The daily chart shows a pennant forming, confirmed on the 4H chart. Could see a test of the 50 RSI and a bullish MACD cross based on the daily chart, if successful, it should break above the pennant channel and test its resistance, potentially breaking above resistance (most likely on the second attempt). No matter if it's crypto, commodity, or stock, it will often contend with a previous high before surpassing it.
Daily Chart:
Daily Chart:
Comment:
