From my personal and novice analysis, I detect a consolidation channel and the price within the channel is hovering in the area of support, if the consolidation action continues, the price should be in bullish action once it bounce back from the support.
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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.