Consolidation period

NNDM

Before anything, I would like to say if you disagree with what I have to say and believe there is a mistake somewhere, I would appreciate your input and comments. I am always open to learning.

Now let me start by pointing out that I think we are in the consolidation period since the volume area (VA) is in the middle of the volume profile (VP). I see the possibility of the price action going in two different ways. As is shown in the chart with the purple box, there is a support in the $7.58 - $7.89 range; breaking below it could mean that the bleeding will continue even further to either $6.50 or $5.35. Though the volatility is declining, the Klinger oscillator, MACD, and ADX indicate the ongoing bear market.
On the other hand, the trading volume has a downward trend for the past couple of days, suggesting that the bears may be losing their strength which could mean that the price may bounce back up to $9.30 - $9.73.

Of course, no one can foresee the future, but since I like the Nanodimension, I wish for the best and hope for much good news to come real soon.