I am short for now but, this looks like it could be accumulation happening. A drop below the current support would get a lot of retailers to go short, a perfect time for a bear trap.
Note
Also, Monday is usually the false move of the week.
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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.