PONDUSDT

There is a large side area extending to 490 days inside the body of a weekly candle that has not been broken yet. If its peak is broken and the top is closed, the market will go to the shaded area above
The analysis fails if it closes below the weekly candle
Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look
Good luck

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