📊 Description:
SATL is consolidating within a symmetrical triangle pattern, signaling a potential breakout or breakdown. Key levels to watch:
Breakout Above: $4.05 (upside potential to $5.48)
Breakdown Below: $2.50 (downside risk to $2.30)
Volume and momentum will be critical to confirm the move. Monday could set the tone for the next major trend. Keep an eye on price action at the yellow support/resistance zone!
Chart Importance:** Symmetrical triangles highlight periods of consolidation, offering clear breakout or breakdown opportunities.
Conclusion:** Monday’s price action will likely determine SATL's next major trend—stay prepared for volatility! 🚀
📈 What’s your strategy for SATL? Let’s discuss below! 💬
SATL is consolidating within a symmetrical triangle pattern, signaling a potential breakout or breakdown. Key levels to watch:
Breakout Above: $4.05 (upside potential to $5.48)
Breakdown Below: $2.50 (downside risk to $2.30)
Volume and momentum will be critical to confirm the move. Monday could set the tone for the next major trend. Keep an eye on price action at the yellow support/resistance zone!
Chart Importance:** Symmetrical triangles highlight periods of consolidation, offering clear breakout or breakdown opportunities.
Conclusion:** Monday’s price action will likely determine SATL's next major trend—stay prepared for volatility! 🚀
📈 What’s your strategy for SATL? Let’s discuss below! 💬
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.