TOSHI | Triangle Pattern

TOSHI is forming a classic symmetrical triangle pattern on the daily timeframe, indicating consolidation before a potential major move. The price has been compressed between converging support and resistance lines for several months.

Key Technical Observations:
Triangle pattern nearing apex completion
RSI shows neutral momentum around 50 level
Volume compression typical of triangle formations

Breakout Scenarios:

Bullish Breakout:
Target: 0.0017793 USDT (upper resistance zone)
Entry: Above triangle resistance with volume confirmation

Bearish Breakdown:
Target: 0.0004668 USDT (lower support zone)
Stop-loss consideration above breakdown level

Risk Management:
The triangle is in its final stages, making this a high-probability setup. However, false breakouts are common, so waiting for volume confirmation and a clean break of either trendline is crucial. The projected path suggests bullish bias, but traders should prepare for movement in either direction.