Dark red = Fresh
Light red = Re-tested
Green = Fresh
Light Green = Re-tested demand zones
Short term analysis:
Price is moving in a with price pulling back from Point of Control (VPS). Lower channel is close to two fresh demand zones supported by high .
Price pullback to demand zones and fails to continue breaking below the 10$ psychological level. This could result in a move down to 9.85$. Additional support is likely to be found at 9.783$, .
Buy orders are filled at the two fresh demand zones and price re-enter channel. Strong supply lies in the range of 10.24$- 10.60$. Past that level notable supply can be found between 10.339$ / 10.367$