Accumulation phase on the weekly ~172usd support looks primed for resolution highly likely upwards to test 188usd as this 172 level proved to be strong support over past 5 weeks.
Volume on the low during those downtrend tests, more evidence to support the accumulation scenario.
Monthly support at ~$213 stays the long term level to look at.
price targets are approximate, always consider 1%-2% for high time frame support/resistance levels. hence the ~ sign.
Cheers.
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