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Price action formed a V-shaped recovery pattern from the low of $0.676 to reclaim the $0.697 level. Strong volume support emerged at $0.684, with the highest 24-hour volume of 45.7 million.
Resistance established at $0.198-$0.199, with support at $0.189. V-shaped recovery pattern formed in the final hour, with substantial buying interest at $0.194.
Bitcoin’s (BTC) price has displayed a V-shaped recovery on the daily timeframe from its recent multi-month low below $50,000, leading analysts to believe that a sustained uptrend would see BTC ...
Technical Analysis • V-shaped recovery pattern formed with price rebounding from $18.75 to reach $19.85, establishing a 5.88% range. • Strong volume support emerged at the $18.75-$18.85 zone ...
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