Price had tapped perfectly into a daily supply zone where it got rejected from. MACD is bearish, RSI is sold and EMAs are bullish. I expect price to keep moving down and reach the discounted 6h demand zone around $0.0255 where we would be looking to long from.
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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.