TEL is currently trading within a descending channel pattern, showing interesting technical setup. The established support and resistance levels are clearly defined on the chart. What catches attention here is the recent price action—it's started to curl upward from the lower boundary, suggesting potential momentum building. If this upward push continues, we could see it challenge the upper range resistance soon. The chart structure looks promising for a move toward the channel highs. Worth keeping an eye on the next price action to confirm the break.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
SocialFiQueenvip
· 21h ago
Another descending channel appears. Will TEL be able to break through this time... Feels like the same old story.
View OriginalReply0
PortfolioAlertvip
· 21h ago
TEL's recent bottom rebound looks decent, but I'm worried it might be a false breakout again...
View OriginalReply0
NFTArchaeologisvip
· 21h ago
A rebound within the downward channel depends on trading volume; looking good on the chart alone is useless.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)