CIFR#64
Thesis
CIFR 4H chart shows ascending channel intact. Support at $19.80 tested and held twice. Gap filled at $22.40 good for continuation. RSI 63, momentum building without overbought. ATH at $25.50 is the next target.
By @Allstarsv16 · View post ↗
Original post text
$CIFR 4H chart. Ascending channel intact. The support zone at $19.80 has now been tested and held twice. Structure confirmed. Gap has been filled at $22.4. Good for continuation. RSI 63. Momentum building without being overbought yet. ATH at $25.5 is the next target. https://t.co/2uAfAX8gEz
🐂 Bull Case
- Ascending channel confirmed with $19.80 support held twice → strong technical structure
- AWS 300MW/15yr/$5.5B lease validates fundamental demand; revenue visibility through 2041
- Gap filled at $22.40 eliminates overhead supply; ATH $25.50 is clear next target
🐻 Bear Case
- Revenue declining -29% YoY with zero profit margin → deteriorating fundamentals despite lease wins
- No PE/RSI/SMA data available → limited ability to confirm trend quality
- Crypto-mining heritage creates sentiment risk if BTC weakens
🚫 Invalidation
Close below $19.00 on above-average volume, breaking ascending channel
Break Conditions
- Price closes below $19.80 (ascending channel support) on above-average volume
- Any lease cancellation or failure to execute on Black Pearl site
Price Tracking
| Label | Ticker | Price | Recorded |
|---|---|---|---|
| t+3d | CIFR | $23.56 | 2026-05-29 18:37:02 |
Metadata
T0 Price: $25.43
Created: 2026-05-27 18:35:13
Scored: 2026-05-27T18:36:52.706913+00:00
Updated: 2026-05-29T18:37:02.513770+00:00