Nearly a year after a clear acumulation range (green background rectangle), the market generated a uptrend effect that place the value back to the main price range (white background rectangle).
The asset is currently testing the S/R Reversal level (violette line) second time with certain demand control. That suggest the previous Value Area High (VAH) as a level support agreement.
I would suggest that any approach to that level (S/R Reversal) would be a good opportunitty to fill our XEM pocket.