The technical analysis shows a volatile recovery pattern
Near operations in extreme volatility in 24 hours that end August 5, 14:00. The price balance $ 0.13, which marked 5% between $ 2.57 peak and $ 2.44 floor.
The morning sale arrives at 07:00, driving from $ 2.48 to $ 2.44. The volume increases to 3.2 million units, confirming a great institutional discharge.
The support is maintained at $ 2.44 with a mass volume support. Bulls intervene immediately. The recovery of the rally is pressed to $ 2.54 for closing of the session. The technical investment pattern arises as buyers defend the key support zone.
Technical indicators highlight market dynamics
- Near publications of $ 0.13 negotiation range, which represents a 5% volatility between $ 2.57 high and $ 2.44 minimums during the session
- Morning helmet from $ 2.48 to $ 2.44 at 07:00 triggers a mass increase of 3.2 million volume units, confirming institutional sales pressure
- The recovery phase establishes an ascending channel with $ 2.52 support and resistance levels of $ 2.54
- Final time from 13:09 to 14:08 offers a bullish rupture pattern, publishing 1% profits
- The volume concentration reaches more than 100,000 units per minute during window 13: 33-13: 39, institutional accumulation signaling
- The commercial volume falls to zero in the last three minutes, which suggests an institutional position before the possible movement of the rupture
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