$URC did not hit a new high last week. Instead, it formed a shooting star on Friday, right at the resistance level — a typical sign of exhaustion in the late stage of an uptrend. Coincidentally, this candlestick appeared just a few days after the breakout of the descending triangle. From a psychological perspective, this situation often indicates that the market may face correction pressure in the near future.
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$URC did not hit a new high last week. Instead, it formed a shooting star on Friday, right at the resistance level — a typical sign of exhaustion in the late stage of an uptrend. Coincidentally, this candlestick appeared just a few days after the breakout of the descending triangle. From a psychological perspective, this situation often indicates that the market may face correction pressure in the near future.