Price previously bounced from the 12h demand zone and left another major 4h demand zone between $0.55 and $0.59 with a FVG (fair value gap) between $0.6 and $0.645. MACD is not showing clear indications, RSI and EMAs are neutral. Price formed a major level of equal highs where we have lots of liquidity resting above it and overall i expect price to fill the FVG and tap into the 4h demand before continuing to move up.
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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.