Price previously dropped and left a 3h supply zone around $2.65 and it is currently close to tapping into the 2h demand zone at $2.32. MACD is showing bearish weakness, RSI is sold and EMAs are turning bearish. This demand zone should be able to hold else we would expect price to fall towards the next major 2h demand zone around $2.
Price previously dropped and left a 3h supply zone around $2.65 and it is currently close to tapping into the 2h demand zone at $2.32. MACD is showing bearish weakness, RSI is sold and EMAs are turning bearish. This demand zone should be able to hold else we would expect price to fall towards the next major 2h demand zone around $2.