Strong sign of buy rejection around the price level USD6.660. Waiting for the breakout of that level. Majority is waiting for the breakout.
I'm shorting if price break above USD0.01015. A lot of short seller might turn into buyer at that point. Especially when price is moving away from USD0.01000.
A lot of short selling will turn into buy if price break upward. I'll short if the price break 0.003145. Waiting for the price to react now.
The bias on this is strong on the psychological level. The long the buy slowness go on, the better. This will confirm the selling pressure from the majority is not working.
Need confirmation of 100% sell entry. Without further sell pressure, price not gonna go low.
Buying pressure won't last long. Maybe a strong buy pressure will be happening at the break. But not for long
There will be a rush to get into for the buy. Not it won't last long
Strong bias on this on psychological level. Good time to buy on this.