241-265 should be the supply zone where big 🐋 s might offload who had accumulated in previous buying zone. They didn't expect regulatory action. Will try to avoid getting stuck in a wrong trade because of uncertainty. 188-178 will be the demand zone where actual institutional investors may emerge.
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.