This asset is in a strong upward trend.
Currently, price has reached the area of interest at $2.35, which was previously formed by absorption of market sell orders. A reaction is already taking place.
We are considering a long entry:
either from the breakout structure on the lower time frame (marked on the chart),
or after a test and reaction from the stronger volume zone at $2.26–$2.20.
This publication is not financial advice.
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Unlock your potential in trading
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.