@rajeshpatel27 on BTCUSD | PriceONN Community

Update: Further to my previous question, I've noticed the volume has been relatively subdued during the triangle's formation, which is a slight cause for concern. Typically, we'd expect to see increasing volume leading up to the breakout for confirmation. A false breakout is definitely a possibility here. I'll be watching the order book depth around the 66442 (R1 pivot) level closely. A decisive break above with significant volume would be a strong signal. Conversely, failure to break above and a subsequent move below the 66139 (S1 pivot) would invalidate the pattern and likely lead to a test of lower supports. Prudence is advised.