#Weekend Market Analysis

CORE/USDT 4H Timeframe – Potential Price Movement
(Disclaimer: This is not a trading signal. Please trade at your own risk.)

CORE/USDT appears to be forming a potential bearish pennant pattern on the 4-hour timeframe. A bearish pennant is a continuation pattern that suggests the likelihood of further downward movement following a strong price drop. This pattern typically consists of a sharp decline, followed by a brief consolidation phase where price moves within a narrowing range before potentially breaking down further.

Traders often interpret this formation as a signal that bearish momentum may resume once the consolidation phase concludes. However, as with all technical patterns, confirmation is required before making any trading decisions. Please refer to the chart below for a more detailed technical analysis.
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