Price is still ranging in a downtrend after getting rejected from the 2h breaker at $1.05 and recently did a market structure break. MACD is showing bearish weakness, RSI is sold and EMAs are turning bearish. We might see a small retracement from here but overall price should keep moving down towards the swing low at $0.87.
Price is still ranging in a downtrend after getting rejected from the 2h breaker at $1.05 and recently did a market structure break. MACD is showing bearish weakness, RSI is sold and EMAs are turning bearish. We might see a small retracement from here but overall price should keep moving down towards the swing low at $0.87.