Connecting the bottoms the current test of support as indicated by the lower blue line can be seen as last line of defense before testing the lows around $3100. the macd of the 1h resolution shows a nice bullish divergence currently at the edge of the bollinger band which gives hope for a potential counter move to the upside. current support should be found around $3362. any break below that after the initial bounce should be used as a sell signal.
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