$ELA experienced a pullback down to 0.2482, sitting right at the lower band region (0.2446). Historically, ELA is known for violent upside wicks off these exact compression levels (like the recent spike to 0.3855).
Setup: Deep discount zone after a cool-off phase. RSI & bands are fully reset.
Trigger: Look for a bullish reversal candle to reclaim the 0.2659 middle line.
Target: Quick momentum back toward 0.2870 - 0.3500+.
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