Price is ranging in a rising wedge and it recently got heavily rejected off a 12h supply zone around $0.315. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. I expect price to move down from here towards the 12h demand around $0.025 as a short term target. Waiting for confirmation.
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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.