TEL is currently trading within a descending channel pattern, showing interesting technical setup. The established support and resistance levels are clearly defined on the chart. What catches attention here is the recent price action—it's started to curl upward from the lower boundary, suggesting potential momentum building. If this upward push continues, we could see it challenge the upper range resistance soon. The chart structure looks promising for a move toward the channel highs. Worth keeping an eye on the next price action to confirm the break.
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SocialFiQueen
· 4h ago
Another descending channel appears. Will TEL be able to break through this time... Feels like the same old story.
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PortfolioAlert
· 5h ago
TEL's recent bottom rebound looks decent, but I'm worried it might be a false breakout again...
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NFTArchaeologis
· 5h ago
A rebound within the downward channel depends on trading volume; looking good on the chart alone is useless.
TEL is currently trading within a descending channel pattern, showing interesting technical setup. The established support and resistance levels are clearly defined on the chart. What catches attention here is the recent price action—it's started to curl upward from the lower boundary, suggesting potential momentum building. If this upward push continues, we could see it challenge the upper range resistance soon. The chart structure looks promising for a move toward the channel highs. Worth keeping an eye on the next price action to confirm the break.