SLERFUSDT has broken down from a bearish pennant, with the price now trading below the pattern and targeting its projected low. The optimal selling area is the sell-off zone, we advised to wait for the bearish target indicated on the chart.
Trade closed: target reached
Note
Price already approached accumulation zone. We should expect an upside move from this range .Note
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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.