On this asset, we’ve detected a large number of volume anomalies, which suggests strong accumulation by a major player. Additionally, there’s a structural breakout on the chart, and above the current price, we can see a volume gap, creating potential for upward movement.
In the order book, below $10.8, there are limit buy orders totaling around $1.7 million, which is a significant volume for this coin.
We’re considering a long position from current levels or after a false breakout of $10.5, where the first signs of abnormal activity appeared.
Growth target: $12.7.
This publication is not financial advice.
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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.