KMI is consolidating within an asymmetrical triangle, and the price is currently just at the apex of this triangle, which usually indicates that a breakout is imminent.
Last week's bearish engulfing candle was very interesting, clearly showing that sellers still have strength. Whenever the price attempts to break through the resistance level, they step in to suppress it. This indicates a battle for control, and whoever breaks through first will set the pace.
Next, it all depends on the action—either a breakout above the consolidation zone or a continued test of support downward. This kind of triangle pattern often reveals a clear direction near the apex, and investors need to pay close attention to volume and candlestick pattern changes to determine the true breakout direction.
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ChainWallflower
· 22h ago
The seller is really aggressive; every time it peaks, it gets pushed back. Can it break through this time?
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SleepyArbCat
· 01-11 08:36
Getting stuck at the peak depends on trading volume; breakthroughs with no volume are just empty threats... At this time, gas fees are insanely high.
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Ser_APY_2000
· 01-11 00:12
I'm really a bit worried because the seller is so aggressive, it feels like it's going to crash down.
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GasOptimizer
· 01-10 13:53
Vertex defense, trading volume is the real signal. Based on historical data, the probability of a false breakout at this level is over 60%.
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RetailTherapist
· 01-10 13:52
The sellers just won't let go, man. This time it's really going to come down to who blinks first.
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MeaninglessGwei
· 01-10 13:49
The vertex position repeatedly attempts to break through but gets suppressed each time. The sellers are really aggressive; it feels like we need a big move or just stay flat.
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MEVHunter_9000
· 01-10 13:47
The seller is still holding on; whether they break or not will be seen in the next few days.
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LightningLady
· 01-10 13:25
The seller is really still holding on, and this engulfing line is indeed a bit hopeless...
KMI is consolidating within an asymmetrical triangle, and the price is currently just at the apex of this triangle, which usually indicates that a breakout is imminent.
Last week's bearish engulfing candle was very interesting, clearly showing that sellers still have strength. Whenever the price attempts to break through the resistance level, they step in to suppress it. This indicates a battle for control, and whoever breaks through first will set the pace.
Next, it all depends on the action—either a breakout above the consolidation zone or a continued test of support downward. This kind of triangle pattern often reveals a clear direction near the apex, and investors need to pay close attention to volume and candlestick pattern changes to determine the true breakout direction.