SPOT #1: The Range Is Running Out of RoomSpotify Technology SABATS:SPOTKazimKarabacakI drew a Regression Trend on the Spotify daily chart. The starting anchor is the low of November 2022. The bands are the tool's default two standard deviations. I also drew a Fibonacci retracement over the same move, from the November 2022 low up to the 2025 peak. Since early 2026, price has moved in a range between the 430 area and the 520 area. The channel rises, so the channel lower band has climbed into that same range. Today price and the channel lower band are at the same place. I am watching the channel lower band. The reason is the slope. The channel lower band rises every week, so the channel lower band asks for a higher price every week. A flat range against a rising line does not stay flat for long. If the daily closes settle below the 430 area, the structure that has held since November 2022 is no longer valid for me. The structure stays valid as long as the daily closes hold above the rising channel lower band and price keeps testing the 520 area from below.