After a double top and small bearish divergence we can see some support @ ~ 0.0285. If that supply zone won’t held again we can see some more downside to ~ 0.02540 and ~0.024. For now, the S&R breakout is testing the support and it will depend on the coming market structure and economics is this one will hold or not.
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.