Price was recently in an uptrend after tapping into the 2h demand zone and recently left a 4h demand around $2. MACD is showing bullish momentum, RSI is bought and EMAs are turning bullish. Price is currently testing a 2h supply zone however we may see it reach the extreme at around $2.15 before moving down towards the freshly printed demand.
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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.