Price is ranging inside an ascending triangle currently bouncing from the support line. MACD is not clear but is showing bearish weakness, RSI is at 50% and price is sitting on EMA ribbon. I expect price to breakout from the resistance area at around $2.23 aiming for the highs and the untapped 8h supply zone if no major rejection is seen.
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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.