$PTEN is displaying encouraging momentum as we move through the week. After last week's decisive break above the descending resistance line on hefty volume, the token has maintained its strength. Today's price action—showing an inside-range candle with bullish undertones—suggests continuation potential rather than reversal signals.

From a technical perspective, this consolidation pattern is textbook. The way price is holding above that resistance level indicates sellers have lost control, at least in the near term. The volume profile during the breakout was particularly noteworthy—that kind of commitment rarely appears without follow-through.