At the moment, the price is in the testing zone of the lower boundary of the descending channel. This is a critical level that will determine the further direction of movement. If the price bounces off the support, we can expect an upward correction. If the price breaks through the support, we should expect a further fall.
Recommended signal: Waiting for confirmation of the breakout of the lower boundary of the channel to enter shorts or a rebound from support to enter longs.
Price range forecast for the next 3 days: 1.50–2.30 USDT.
Recommended signal: Waiting for confirmation of the breakout of the lower boundary of the channel to enter shorts or a rebound from support to enter longs.
Price range forecast for the next 3 days: 1.50–2.30 USDT.
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t.me/aidailytrader - Telegram channel Free Trading Signals and buy AI private Indicators.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.