Hi!
Last month, the price of the coin tested the zone of interest in the form of OB (block on the month), leaving a shadow. At the opening of this month, it dropped to touch the shadow, but there is still an area of interest at $15-$17.
During the week, a large pool of liquidity was formed from above, which is a good magnet for the price.
More locally, liquidity has also formed from below, which can be good fuel for the price if it drops to the $16 zone.
❗️Not a financial recommendation, before entering into a particular transaction, conduct an analysis of the asset yourself.
Last month, the price of the coin tested the zone of interest in the form of OB (block on the month), leaving a shadow. At the opening of this month, it dropped to touch the shadow, but there is still an area of interest at $15-$17.
During the week, a large pool of liquidity was formed from above, which is a good magnet for the price.
More locally, liquidity has also formed from below, which can be good fuel for the price if it drops to the $16 zone.
❗️Not a financial recommendation, before entering into a particular transaction, conduct an analysis of the asset yourself.
Comment:
After a local correction to the $20 zone, the price continued its upward movement and removed the entire local liquidity pool (which was determined on the weekly TF) at $27, reaching the price of $32