bearish rising wedge Structure

A rising wedge consists of two trendlines that are slanting upwards, forming a converging pattern.
The upper trendline (resistance line) connects the higher highs, and the lower trendline (support line) connects the higher lows.

Despite the rising price trend, the formation of a rising wedge suggests weakening momentum.
Traders interpret the pattern as a potential reversal signal, indicating that the bullish trend may be losing strength.

Wait for the breakout. Good Luck Traders