Jun. 8 at 8:50 PM
$CPSH
Hourly structure showing a triple “blue diamond” setup.
Price just closed back above the gold zone, which improves the short-term structure with a clearly defined invalidation level below.
Momentum is tightening here and volatility is compressing, which often leads to expansion moves if buyers step back in.
From a technical standpoint, this looks like a potential launch zone, but confirmation still comes from follow-through.