$HIGH — 1h-chart:
🔍 What are we observing?
So far, the coin is trying to form a reversal from the current levels, but there are many unaddressed imbalances in the market, which complicates the movement.
📈 I expect the upper boundary to be taken down — $0.537
Next — a correction to the imbalance zone at $0.520.
After that, we may see growth up to the target — $0.560.
📉 We swipe the upper boundary, do not consolidate.
We go down with a break of the lower imbalance and remove the local low.