1.) A signal pattern similar to a bullish divergence has formed.
2.) The volume profile is accumulating heavily around the $14–$15 zone, which is a key resistance level if the price goes back up.
3.) The $12–$12.5 zone is the next demand zone if it falls below this level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
