[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  $Trader [@GDXTrader](/creator/twitter/GDXTrader) on x 11.5K followers Created: 2025-07-19 13:16:25 UTC $CNQ $CNQ has been under bearish pressure since the evening star reversal pattern was confirmed during the week of June XX at the descending resistance of its falling broadening wedge. This bearish reversal signaled a momentum shift, and since then, price action has remained wea with bears still in control. Last week’s candle was a bearish continuation, reinforcing that sellers are still dominant. However, price has now reached a key volume profile demand zone, which may act as support. This area is critical—if bulls are going to show up, this is where they’re likely to do so. That said, as long as price remains confined within the descending broadening wedge, caution is warranted. New long positions should be avoided until there’s evidence of a shift in control, such as a bullish reversal pattern at the volume profile support or a breakout above the wedge resistance. For now, bears remain in charge, and patience is key. Join us at to learn Japanese candlestick patterns. $SU $IMO $CVE $TOU $ARX $BTE $MEG $WCP $PXT $OVV $ATH $ERF  XXXXX engagements  **Related Topics** [has been](/topic/has-been) [volatility](/topic/volatility) [candle](/topic/candle) [momentum](/topic/momentum) [reversal](/topic/reversal) [bearish](/topic/bearish) [$cnq](/topic/$cnq) [$trader](/topic/$trader) [Post Link](https://x.com/GDXTrader/status/1946559754027127206)
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$Trader @GDXTrader on x 11.5K followers
Created: 2025-07-19 13:16:25 UTC
$CNQ
$CNQ has been under bearish pressure since the evening star reversal pattern was confirmed during the week of June XX at the descending resistance of its falling broadening wedge.
This bearish reversal signaled a momentum shift, and since then, price action has remained wea with bears still in control.
Last week’s candle was a bearish continuation, reinforcing that sellers are still dominant.
However, price has now reached a key volume profile demand zone, which may act as support.
This area is critical—if bulls are going to show up, this is where they’re likely to do so.
That said, as long as price remains confined within the descending broadening wedge, caution is warranted.
New long positions should be avoided until there’s evidence of a shift in control, such as a bullish reversal pattern at the volume profile support or a breakout above the wedge resistance.
For now, bears remain in charge, and patience is key.
Join us at to learn Japanese candlestick patterns.
$SU $IMO $CVE $TOU $ARX $BTE $MEG $WCP $PXT $OVV $ATH $ERF
XXXXX engagements
Related Topics has been volatility candle momentum reversal bearish $cnq $trader