🔥 $ULTIMA hitting key psychological support!
After an aggressive markdown from the 2,900 highs, $ULTIMA has slammed into an intense local demand zone around 2,200 2,350.
The hourly candles are starting to print long lower wicks, signaling that bulls are aggressively step buying this dip.
With the sell side pressure likely exhausted after this steep drop, a relief rally back up to test 2,500+ could be right around the corner. 📈
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