Close above daily EMA12, bulls aggressively bought the top above $3, the same price the sellers were stepping in over the last two weeks, speaking to demand outweighing supply at the present time. Bounce continuation is key into tomorrow as bulls want to create enough space to form a higher low above today's low 3.08 which is our most important short term support.
Support: 3.25, 3.20, 3.10, 3.08, 3.06
Resistance: 3.37, 3.48, 3.72, 4.00
Support: 3.25, 3.20, 3.10, 3.08, 3.06
Resistance: 3.37, 3.48, 3.72, 4.00
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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.