Price is still moving in a downtrend creating lower highs and lower lows. MACD is not clear, RSI is sold and EMAs are bearish. I expect price to keep moving down and tap into the 6h demand at $8.4 before moving up again.
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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.