Circle has successfully hit and activated our Fibonacci retracement zone, which we first outlined on May 11, 2026 (https://monalytics.org/circle-internet-group-crcl-ew-analysis/). Circle has activated this zone and is currently trading deep within it. We expect this zone to hold and to represent very fair prices to buy this stock.
As always, we aim to outline a highly possible alternative scenario.
Should the current zone get invalidated, Circle would be highly expected to fall significantly and create new cycle lows. For this case, we have also defined a Fibonacci buying zone to properly hedge current positions or buy at very discounted prices.
Alternative Long Entry Levels:
- 78.6% at $48.13
- 88.7% at $15.90
Stop Loss: 1% below the zone at $15.72
We primarily expect our currently active zone and count to hold, and that this stock will gain massively in price and bullish momentum over the long term.
Should anything change, we will update you immediately.
Kind regards,
Monalytics
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