-VERGE has been trading inside this descending channel for quite some time now -The price is already back at its key level of support on the weekly chart -For the 1st time, last week's candle is green which shows a weakening selling pressure -But this is still not enough to change the bigger trend -XVG needs to break above this channel resistance and consolidation for a few days -From there, the Bullish scenario will increase and the risk will be reduced
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