IAG has been consolidating for roughly a month now—and traders are eyeing whether this could be the calm before the storm. The trendline setup is looking interesting, with price holding key support levels throughout the accumulation phase. The question on everyone's mind: is this pattern finally primed for a breakout attempt? Market participants are watching closely to see if resistance gets cracked or if we're due for another squeeze. Either way, the next few candles could be telling.
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SellTheBounce
· 6h ago
The entire month has been consolidating, and I see this as a hotbed for catching the bag holders. Don't be fooled by the "calm before the storm."
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Holding onto key support? I only see that once a rebound occurs, it's time to sell. History tells us there are always lower points ahead.
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Breaking down or being squeezed again, honestly, it's all the same—eventually, it has to fall. Be patient, don't rush.
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Everyone is watching for a breakout, but little do they know the sharpest knife is hidden in their expectations.
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I bet the next candlestick is a false breakout, and then all the bagholders will cry.
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MiningDisasterSurvivor
· 6h ago
A month of fluctuation? I've experienced it all before. Back in 2018, this kind of "building momentum" tactic was even more aggressive, and in the end, it was just a way to harvest the retail investors.
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MissingSats
· 6h ago
It's been a month of consolidation. I bet it will break out next week.
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StakeHouseDirector
· 6h ago
Another month of consolidation, feels like there's something to this wave.
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BlockchainBrokenPromise
· 6h ago
IAG's consolidation over the past month feels like it's holding back a big move. Only when it breaks the level will it be worth watching.
IAG has been consolidating for roughly a month now—and traders are eyeing whether this could be the calm before the storm. The trendline setup is looking interesting, with price holding key support levels throughout the accumulation phase. The question on everyone's mind: is this pattern finally primed for a breakout attempt? Market participants are watching closely to see if resistance gets cracked or if we're due for another squeeze. Either way, the next few candles could be telling.