The price, currently in an uptrend, has reached key support levels, including static support and ascending trendline support. Additionally, signs of bullish hidden divergence are observed in the RSI indicator. These factors suggest that the asset is likely to begin its upward movement soon.
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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.