Looking at the chart action on EQT, the price structure suggests we might be topping out locally here. The momentum has cooled and it's showing signs of consolidation. Could see this trading sideways for a bit before the next directional move. Nothing particularly exciting jumping out at the moment—more of a wait-and-see phase on the technicals.
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SocialFiQueen
· 01-06 20:59
Wait a minute, is this the same consolidation pattern again? It seems like EQT has just been dithering lately, not much to watch.
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BearMarketSurvivor
· 01-06 20:57
Organize the situation; sideways movement is just wearing down the supply line. It indeed seems there is no urgent reason, wait for signals, and don't gamble on the direction.
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InscriptionGriller
· 01-06 20:54
Wait a minute, this chart looks like the usual pattern before a dump—cooling momentum, sideways consolidation. Old hands know the way, brother. Usually, this is the calm before the funds quietly dump the market.
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ForkThisDAO
· 01-06 20:50
In the consolidation phase, when will it break out? I'm getting a bit impatient waiting.
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SchrodingerWallet
· 01-06 20:44
Consolidation, consolidation, and more waiting... When will it finally break out?
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bridgeOops
· 01-06 20:38
Wait, is this the rhythm of a drop? Hold back, don't chase anymore.
EQT Technical Setup
Looking at the chart action on EQT, the price structure suggests we might be topping out locally here. The momentum has cooled and it's showing signs of consolidation. Could see this trading sideways for a bit before the next directional move. Nothing particularly exciting jumping out at the moment—more of a wait-and-see phase on the technicals.