Support: Strong demand zone acting as a base, preventing further downside.
Breakout Watch: A bounce here could trigger a breakout above the descending trendline, targeting the $25–$30 region.
RSI: Currently in the oversold zone, signaling weakening selling pressure and a possible reversal.
Look for bullish confirmation around support. A bounce may signal an upward trend, while a breakdown could lead to lower levels.
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Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
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.