Price is still ranging in a downtrend and it recently left a freshly printed 4h supply at $2.7. MACD is not showing clear indications, RSI is sold and EMAs are bearish. Price needs to close above this supply and once it does we would look for long opportunities. However if a rejection is seen then we will short and aim lower. Waiting for confirmation.
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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.