2026-01-13 05:26:20

$BABA is displaying a textbook technical setup worth monitoring.

The chart structure shows progression through distinct phases: initial base formation transitioning into a breakout move, followed by a pullback that's compressing into tightening volatility ranges.

Latest price action confirms a fresh breakout confirmation with a key resistance flip to support level holding strong. This compression-into-expansion pattern is a classic prelude to directional momentum.

The setup suggests potential for meaningful follow-through if support holds and volume confirms. Traders watching this structure closely for the next leg higher.

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ruggedSoBadLMAO

· 01-13 05:56

Don't believe it. The last time I looked at this chart, Baba directly broke below.

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GateUser-e51e87c7

· 01-13 05:52

Ah, this compressed form looks okay, but I'm worried it might just be a false alarm. Wait, can the support level really hold? Feels like I say this every time.

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MetaLord420

· 01-13 05:51

Alibaba's recent chart pattern is quite interesting; the compression seems to be in place, and it feels like a push could be coming.

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DeFiDoctor

· 01-13 05:49

The consultation record shows that the $BABA chart has been compressed a bit too much; regular review of the trading volume indicator is necessary...

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BlockchainNewbie

· 01-13 05:46

Hmm... the Baba pattern has indeed tightened up. The key is that the support level hasn't broken, otherwise it's just the usual rinse and repeat of chopping the leeks.

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GovernancePretender