Price previously took out the liquidity resting below the equal lows and bounced from the 6h demand from where it got heavily rejected. MACD is showing bearish weakness, RSI is sold and EMAs are not clear. We have a liquidity pool present just below the huge imbalance which price will take out and fill aiming towards the 3h supply at $0.052 as a short term target.
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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.