After kickstarting the crypto bull run in early October, Starlink has been on a sharp decline as seen on a 1H chart. Price formed new resistance 0.4(è-4) and support 0.2(è-4). Price has tested this support multiple times and is ready to attack the resistance again. The MF indicator shows us that the bulls have taken over and there's a lot of buying pressure atm.
Commentaire:
STARL is still within buying range. We see a lot of liquidity sweeps for both short and long positions. Confirmation that it's accumulating, to breakout almost 20x.