Volume profile trade... price is down big, volume spike is even bigger. The important part is that the volume came in during a consolidation. The candle it came on isn't much. This leads me to believe it was not a pump and dump but a major buying area at the close of that candle around 6.30. Price could dip lower near term and could consolidate here for awhile, but its paying 7.2% yield to wait.. I'm long, targeting 9-12$ range, will add if we get 5.50-6 range
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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.