The price is trying to hold on to the 200 EMA. A bearish double top pattern (or head and shoulders) has been formed. RSI fell below the trend line and level 0. The downtrend may continue to the level of $8.3
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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.