$SVED Market UpdateOn the 4H timeframe, the trend has shifted bullish. The stock pulled back on Friday, but it did not close below the demand zone, which was previously a supply zone.
On the weekly timeframe, there is massive trading volume between 44 and 46, making these levels key areas to watch. The stock could either break through and continue making new highs, stall, or reverse from here.
⚠️ What happens next depends on the new trading volume at these levels. However, one thing is clear, a weekly candle rarely lies, so keeping an eye on this range is crucial.
