Sellers have strongly reacted to the news about Binance CEO.
If you missed, "SEC Sues Binance and CEO Zhao for Breaking Securities Rules".
The market formed a high momentum bearish candle on a daily time frame,
that violated a key horizontal demand cluster.
The broken structure turned into a strong zone of supply.
I will expect a bearish move from that at least to 24500.
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
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.