Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinionShort-term sell pressure was still high at press time.
Notably, the Relative Strength Index retreated but was still bullish at 57 units. But the Chaikin Money Flow exhibited a sideways movement above the zero line, showing a battered but steady market that could enter a price consolidation.
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