We have been making lower lows on the daily RSI since the start of the year and even though price has reached a new low the daily RSI has printed a higher low.
Bullish divergence is forming and with price sitting on this amazing support which has shown time and time again it can pivot momentum quickly to the upside I think we there is a high chance there will be a reversal from here.
weekly bullish divergence on the NAS100 cannot be ignored either.
Also the USDT dominance hit exactly the same level as in June 2022 , still waiting for a break and weekly close under this white support line to confirm strong relief rally.
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