✅ Price is above both key moving averages and took support at 20 EMA
✅ 20 EMA is above the 50 EMA, confirming a bullish trend.
✅ Higher highs and higher lows have formed since the June bottom.
✅ Selling pressure has reduced compared to the sharp decline seen in May.
✅ Volumes remain healthy, suggesting continued market participation.
✅ 20 EMA is above the 50 EMA, confirming a bullish trend.
✅ Higher highs and higher lows have formed since the June bottom.
✅ Selling pressure has reduced compared to the sharp decline seen in May.
✅ Volumes remain healthy, suggesting continued market participation.
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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.
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.