Last month, the price of the coin tested the zone of interest in the form of OB (block on the month), leaving a shadow. At the opening of this month, it dropped to touch the shadow, but there is still an area of interest at $15-$17.
During the week, a large pool of liquidity was formed from above, which is a good magnet for the price.
More locally, liquidity has also formed from below, which can be good fuel for the price if it drops to the $16 zone.
❗️Not a financial recommendation, before entering into a particular transaction, conduct an analysis of the asset yourself.
Note
After a local correction to the $20 zone, the price continued its upward movement and removed the entire local liquidity pool (which was determined on the weekly TF) at $27, reaching the price of $32
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