SVM has been testing the upper boundary of its rising wedge pattern, where a bullish continuation candle has just formed. This price action indicates that buying pressure remains active and accumulating forces are pushing against the resistance level. From a psychological angle, this suggests solid confidence among bulls—they're not retreating but rather doubling down at key resistance. The formation itself carries weight: when buyers continue to fuel momentum into established resistance zones, it often sets the stage for either a breakout attempt or a significant pullback. Traders watching SVM are eyeing whether this wedge compression leads to a directional move, as the psychological conviction shown here matters as much as the technical setup itself.