The price has broken the trendline and continued to rise on positive update news. The price is in overbought territory on multiple timeframes. The level of $2.2 and the Point of Control (POC) are the nearest support levels. The mentioned order blocks represent strong resistance levels.
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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.