@varton
Total3 weekly time frame
Market is still in a long-term ascending channel → macro uptrend intact
Current move is a corrective pullback, not a trend reversal
Price is reacting near channel support, a high-probability demand zone
Recent drops show selling pressure without structural breakdown
RSI below 50 = healthy reset in an uptrend, not bearish momentum
Volume suggests distribution failed, accumulation likely
Conclusion:
As long as channel support holds, this looks like re-accumulation before continuation, with a probable move back toward the midline and eventually the upper channel.
#ALTCOIN
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