Price is accumulating in this large pennant formation on the daily timeframe. i expect the range to tighten and eventually lead to a breakout. SFP which is the tokens biggest competitor saw a 55% pump yesterday. As always waiting for correct entry confirmations on lower timeframes before taking this setup.
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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.