- The price is trading below the midline (moving average) of the Bollinger Bands.
- Lower highs and lower lows indicate a downtrend.
- Immediate Support: Around $120 (lower Bollinger Band)
- Volume appears moderate, with some increasing spikes during price drops, suggesting strong selling pressure.
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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.