AION looks to have found support coming off a run earlier this year. The long accumulation period that led up to the February run has settled in a re-accumulation OVER the previous zone. This 'flip' is considered a bullish trend as Price Action has not broken structure to make a new low. Let us note the re-accumulation zone with flat price action while our RSI makes higher lows. This is an 'exaggerated bullish divergence' to set up a nice reversal trend.

To keep up with some recent developments behind AION, See the article below


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