LI Analysis

Price is on an uptrend, and is currently having a short-term retracement to the downside to mitigate the bullish POI at 32.78. We see a bounce from this bullish POI, but price is unable to close high within the day despite relatively high volume on 1 August 2022. We could see price continue upwards, mitigating the bearish POI at 37.13 before we see a down move. However, I'm leaning towards price taking out this bullish POI and filling the fair value gap at 28.22 before price goes higher