After price reached it's all-time high, it ranged in a downtrend from there. It recently moved up aggressively where it broke above the previous lower high leaving a 1h demand zone at $4.29 and an imbalance at around $4.5. MACD lines crossed and is now bullish, RSI is bought and price is back above EMAs. I am looking forward to entering at the 1h demand zone aiming for a new all-time high however i would be looking for low timeframe confirmation once it taps into this area before setting a limit trade.
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