Current Zone (0.0008 - 0.0010): Potential Accumulation. This zone could be an area where the price has stabilized, selling pressure has decreased, and smart money is potentially accumulating positions. Low-volume pullbacks and horizontal consolidation accompanied by increasing volume could support the idea of accumulation.
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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.