PATH just delivered massive earnings momentum! But here's the real question everyone's asking: are we looking at continuation or reversal?



Honestly? My money's on a pullback scenario. Here's what the chart's telling me:

First off, PATH just kissed the exact same ceiling it hit back on October 7th. That resistance zone? Still holding strong like a brick wall.

Second, the Stochastic RSI is completely maxed out. When momentum indicators get this stretched, you know what usually follows.

Not saying it can't push higher eventually, but short-term? The setup screams caution to me.
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
  • 7
  • Repost
  • Share
Comment
0/400
DataOnlookervip
· 6h ago
The ceiling is here again, and this time it’s really maxed out... The Stochastic RSI is about to go off the charts; a pullback is only a matter of time.
View OriginalReply0
GasOptimizervip
· 12-05 04:57
It's already at the top and still going to rise? I doubt it, the stoch is already maxed out.
View OriginalReply0
TopBuyerBottomSellervip
· 12-05 04:56
The resistance level on October 7 is really holding up. Looks like we might be in for a correction this time.
View OriginalReply0
SnapshotDayLaborervip
· 12-05 04:55
Yeah, this resistance is definitely tough. It didn't break through in that October move either. The stoch is off the charts, so we need to be careful.
View OriginalReply0
MeaninglessGweivip
· 12-05 04:42
Withdraw, this time it's really topped out. The stoch overbought signal can't fool anyone.
View OriginalReply0
OffchainOraclevip
· 12-05 04:37
When the stochastic RSI is maxed out, it's time to get out and wait for a pullback before getting back in.
View OriginalReply0
YieldWhisperervip
· 12-05 04:30
Back to that line again, every single time... Should have stopped when the Stoch RSI was off the charts.
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)