OP has tested this resistance a few times now and has been rejected each time. A short entry in this range is my gut feeling.
That being said, OP has proven to hold onto supports quite well since its major pump thanks to news about their layer 2 protocol and progress!
if OP break through this resistance, i expect it to form a higher high. If it rejects again, i can see it falling into or as low as indicated by the arrow.
That being said, OP has proven to hold onto supports quite well since its major pump thanks to news about their layer 2 protocol and progress!
if OP break through this resistance, i expect it to form a higher high. If it rejects again, i can see it falling into or as low as indicated by the arrow.
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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.