Alien Worlds (TLMUSDT) is experiencing the highest volume since last year... Very strong buying pressure taking place while prices remain unmoving, why?
This is the accumulation phase or consolidation.
When you see a pair trading near support;
You see strong volume to both sides yet the pair remains trading within a range;
This range remains active for a while...
This is the consolidation phase.
This same scenario reversed, ranging near resistance (top/peaks), we call distribution.
This chart doesn't look bullish, currently, but this is another pair that is very likely to grow strong in the weeks to come.
Things change fast in this market... One day you see doubt and red...
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