Price Levels: The current price is around 2.445 USD. A "strong high" resistance is marked at 3.5626 USD, with a higher high (HH) near 3.8917 USD.Support and Resistance:Support zones include 2.8917 USD, 2.445 USD (HL), and a lower support around 2.500 USD.Resistance is strong near 3.5626 USD, with potential resistance up to 4.000 USD.Trends: The chart shows a downtrend with lower lows (LL) and lower highs (LH) until recently, where a break of structure (BOS) and higher high (HH) suggest a potential reversal or consolidation. The price is currently testing the 2.445 USD support.Patterns: Annotations like "CHOCH" (Change of Character) and "BOS" indicate shifts in market structure, hinting at possible bullish momentum if support holds.
potential to short selling:
potential to short selling:
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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.