The January 2022 pump was a scam to induce more liquidity below those lows. Now we see price went in to eat that liquidity and has aggressively moved up creating a Market Structure Shift. I believe post earnings we will see a rally to $9 which is around the level of weekly imbalance.
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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.