Has the operator started dumping? This could be contributing to the current market pressure.
The MACD is still showing a bearish crossover (DC), which suggests the market may be following a FIFO (first in, first out) pattern for now.
There are also several resistance levels ahead that could pose challenges for any potential upward movement.
The MACD is still showing a bearish crossover (DC), which suggests the market may be following a FIFO (first in, first out) pattern for now.
There are also several resistance levels ahead that could pose challenges for any potential upward movement.
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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.