FNV coin broke through the resistance level of the ascending triangle last Friday, but the subsequent performance raises some caution— the daily close formed a doji, which reveals a subtle market detail: high-level profit-taking.

From a market psychology perspective, what does this closing pattern indicate? Although the bulls broke through the technical barrier, the buying momentum gradually waned during the rise. The appearance of the doji means the opening and closing prices are close, with long upper and lower shadows, reflecting a tug-of-war between the bulls and bears at this price level—buyers want to chase higher, while sellers take the opportunity to realize profits.

This phenomenon is common in breakout scenarios. An initially strong upward move is often interrupted by profit-taking, which is a critical turning point for whether the trend can continue. The next performance will be very interesting—whether it breaks further or pulls back for a retest, the market will soon give an answer.