The local trendline was broken this week and failed to recover.
This is similar to what happened less than a month ago before the price dropped to below $1.00.
A 4-Hour Close below the 30-day MA would confirm the reversal, otherwise massive volume would be needed to continue the current trend.
Target 1: $1.19
Target 2: $0.96
This is similar to what happened less than a month ago before the price dropped to below $1.00.
A 4-Hour Close below the 30-day MA would confirm the reversal, otherwise massive volume would be needed to continue the current trend.
Target 1: $1.19
Target 2: $0.96
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