Sell pressure dropping for now. Most likely a 5% pump. Volume is low. Large range on the sell side. Would need a lot of volume to break resistance.
Note
Since it's way overbought, I will lean towards the bearish side until proven otherwise like with large volume
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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.