For this asset, we are considering a speculative short position. We have tested a key volume zone but observed no bullish reaction. Instead, selling pressure has increased.
If the $0.41-$0.43 zone is retested and a reaction occurs, we will enter a short position with a target at the $0.35 level.
If the $0.41-$0.43 zone is retested and a reaction occurs, we will enter a short position with a target at the $0.35 level.
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Unlock your potential in trading
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.