According to Mihir (@RhythmicAnalyst), an inverse head and shoulders pattern is currently forming on the chart, with the right shoulder still developing. If this formation continues, the price could move up to the white support line, which will act as a crucial decision point for traders. At this level, the market may either break upward or face rejection, making it a key area to watch for potential trading opportunities and risk management. This technical setup is supported by Mihir's chart analysis and highlights an actionable moment for crypto traders focused on breakout and reversal patterns (source: Mihir, Twitter, May 30, 2025).