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$CRCL is under short-term pressure. After all, the weekly MACD is below the 0 axis, with bearish sentiment dominating, making such rallies difficult to sustain. Daily level shows price-volume divergence. If subsequent new capital inflows fail to catch the dip, or if there's negative news, a pullback is inevitable.
I took these screenshots a few days ago with the copy already written, but forgot to post them and left them in drafts. Turns out there was a sharp decline today. The daily level just experienced a MACD death cross today, you know?