Price is previously got rejected from a 4h supply zone and it is currently testing a 4h demand zone which it is bouncing off. MACD is not clear, RSI and EMAs are both neutral. If we get confirmation on lower timeframes, then price should be able to move up from here aiming towards the 4h supply at $2.57 also filling the FVG (fair value gap) around $2.55.
Price is previously got rejected from a 4h supply zone and it is currently testing a 4h demand zone which it is bouncing off. MACD is not clear, RSI and EMAs are both neutral. If we get confirmation on lower timeframes, then price should be able to move up from here aiming towards the 4h supply at $2.57 also filling the FVG (fair value gap) around $2.55.