NIO Analysis

٢ أغسطس ٢٠٢٢

Price is playing out as expected. Price bounced off the bullish POI at 19.18. We have a slight increase in volume with the bullish bounce. However, price does not seem to be able to close higher, resulting in sketchy price action right now. If price still plays out as analyzed, we can see price starting an uptrend to take the highs at 21.17 at least.