Conditions: Materium has been hyped for sometime now. Its been up despite Gala's seeming like a stable coin. I believe the total market may find another collapse. I could be wrong, however Im selling all my MTRM bags in hopes to grab a much larger dose 20% - 50% down below. (Around .11 cents usd)
Gamefi: could save the day but i tend to see the game world follow...
The volume profile shows the range of value area high and low. The price wicked down below the range VAL, formed a sfp (swing failure pattern) or "Spring".
If enough money flow comes in we could see it move up to the range Point of Control.
The point of control is also near the golden pocket. Nice area of confluence to look for price to shoot up to then reject...