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The classic double‑bottom breakout appears to be unfolding between ~$2.06–2.10, confirmed when price broke above the neckline at ~$2.28.Traditional analysis suggests measuring the distance from the bottoms to the neckline, and projecting this upward, setting a breakout target near $2.50Key Levels to MonitorSupport zone: $2.06–2.10 — must hold above this area to keep the bullish structure intact Near-term resistance: $2.28 – recent neckline sit here Next resistance levels: $2.50, $2.65–2.70, and even $3.00 if momentum supports it Volume & ConfirmationConfirmation of this breakout should come with increased volume. The current volume has been relatively subdued, indicating possible weakening momentum. A clean breakout above $2.28 accompanied by a volume spike and bullish candlestick (e.g., engulfing pattern) would solidify the breakout.InvalidationA drop below $2.06–2.10 would break the double‑bottom structure, opening the door to deeper support tests around $2.00 or even $1.70Not financial advice.

TRX is currently in the multi-leg Wave 4 consolidation, a classic corrective phase before the anticipated final Wave 5 impulsive.This consolidation phase is healthy within the larger trend, allowing for overbought to fade before the next move higher.A clear breakout above the $0.28–$0.30 range would affirm the Elliott Wave forecast, targeting $0.30 → $0.31 → $0.33. A confirmed close above $0.30 would unequivocally solidify the Wave 5 scenario, paving the way for these upside objectives.The 81.77 monthly RSI suggests an overbought market, supporting the anticipation of continuous consolidation within Wave 4, potentially retracing back to the $0.25–$0.27 support zone before resuming higher.Long-term trend indicators are firmly bullish, with the Monthly EMA (20) at $0.1911 and SMA (20) at $0.1769, both considerably below current price action, confirming unbroken upward momentum within the greater timeframes.So while short-term price action suggests consolidation, technical stance favors continuation to the higher side, and a breakout above $0.30 would signal Wave 5's beginning and continued momentum towards $0.33.

Chart Pattern: Falling wedge (bullish) identified on the weekly chart.Indicators:RSI: Above 50 on daily, weekly, and monthly charts, indicating bullish momentum across timeframes with no immediate overbought conditions (RSI < 70).EMA: Bullish on weekly and monthly charts (price above key EMAs).Current Sentiment: Mixed but leaning bullish. X posts highlight optimism, with traders noting a bullish pennant, whale accumulation, and parallels to PEPE’s 2023 breakout structure. However, recent price dips suggest caution.Key Narratives: A dormant whale withdrawing 2.2T PEPE ($29M) from Binance on May 19 signals strong holder confidence.Predictions of a 50-100% rally if the short term bullish pennant breaks, with a potential new ATH in June 2025.Correlation with Bitcoin’s ATH proximity suggests PEPE could benefit from a broader crypto rally.Conclusion:PEPE is well-positioned for a potential bullish breakout in the near term, supported by the falling wedge, RSI > 50, and bullish EMAs across timeframes. Its meme coin nature ties its performance to community hype and broader crypto market trends, particularly Bitcoin’s trajectory. Not financial advice.

Bullish bias for SOL based on falling wedge breakout potential supported by favorable multi-timeframe EMA alignmentFalling Wedge pattern detected on the weekly chart✅ EMA (20) LevelsDaily EMA(20): 170.17Weekly EMA(20): 162.80Monthly EMA(20): 144.53✅ RSI crossing/holding above 50 on daily🎯 Trade Plan Idea:Entry: Around 170.17Stop-loss: Below wedge low or under 162.80 (Weekly EMA)Target Zones:179-180 — first key resistance190.00–200.00 — wedge measured move targetNot financial advice.