This asset continues its downward movement. A strong volume cluster has now formed, allowing for position building and participation in further movement.
We consider the $0.0287–$0.0302 zone as a short opportunity upon its retest, provided there is a seller reaction.
If no reaction occurs and price consolidates above this zone, we will view it as a mirror support level.
We consider the $0.0287–$0.0302 zone as a short opportunity upon its retest, provided there is a seller reaction.
If no reaction occurs and price consolidates above this zone, we will view it as a mirror support level.
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