SNAP Analysis

١١ أغسطس ٢٠٢٢

Price is currently consolidating on the H4 chart. We saw a dump during earning release. Currently, price filled the fair value gap at 11.64 and retrace strongly to the downside. As we have a very strong imbalance, I'm expecting the price to head towards 14.46 to fill the 50% imbalance before we see a retracement to the downside.