Analysis in the chart.
Note
Price bounced HARD once it hit the support line (marked in the chart). It's a good sign buyers become interested at that level. Be wary if it cross under and doesn't immediately retrace over.
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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.