Structure is shifting from pure downside pressure into a possible accumulation phase, with buyers stepping in on dips and momentum printing higher lows underneath.
A confirmed reclaim above resistance could signal a larger trend reversal and continuation higher. Failure there keeps the range intact and leaves risk of another move back into support.
Volume profile shows this is a key decision area for the market. Momentum improving, but bulls still need confirmation.
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Check me out btdcrypto.com/links/
Related publications
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.
