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Been scaling in and out of this one pretty consistently—the price action is exactly what volatility traders dream about. Sharp swings, solid liquidity, room to maneuver on both sides.
What's standing out lately? Support at the lows got absorbed quickly by buyers, which is a solid signal. That kind of buying pressure near the bottom usually means conviction. Looking ahead, I'm watching for volatility to amp up even more in the near term. These kinds of setups tend to gather momentum.
Volatility plays reward discipline and positioning. When you spot these patterns forming, that's your window.