Price is consolidating between the 4h demand around $1.65 which it is currently trading into and the resistance at $1.83. MACD is showing bearish weakness, RSI is sold and EMAs are turning bearish. If price breaks below $1.59 then i would expect further bearish movements towards the 4h breaker around $1.5.
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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.