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Created: 2025-07-14 00:37:42 UTC

$EQX

To continue our post series on $EQX, the bullish harami pattern we highlighted last weekend played out nicely this week, leading to a bounce off support within the rising wedge structure. 

The psychology here suggests that buyers stepped in with conviction following a period of selling pressure from the shooting star we shared a few weeks back, and now this last week reclaiming control and confirming the pattern’s reversal potential. 

What’s notable is that $EQX has been respecting its pivot points within this rising wedge, showing a rhythm of higher lows and controlled pullbacks. 

Now, we’re seeing signs of another potential pivot forming, hinting that bulls may once again defend support and attempt to push price toward the upper boundary of the wedge. 

Until we get a breakdown or breakout, traders will likely continue to lean on these pivots for short-term directional bias.

For traders seeking to learn effective Japanese candlestick strategies, in-depth technical concepts, detailed chart setups, and our post-market technical analysis video newsletter covering popular commodities, where we teach these approaches and more, join us at    

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XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944556877331001500/c:line.svg)

**Related Topics**
[momentum](/topic/momentum)
[$trader](/topic/$trader)
[$eqx](/topic/$eqx)
[coins defi](/topic/coins-defi)
[coins lending borrowing](/topic/coins-lending-borrowing)

[Post Link](https://x.com/GDXTrader/status/1944556877331001500)