The coin has formed several cascading support levels, each of which is confirmed by a lot of touches, indicating the accumulation of unrealized liquidity behind them. There is also a decrease in the highs along the trend to the cascade, which may indicate the local priority of sellers at the moment.
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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.