Considering that we are below the 12/21 EMA on the daily timeframe, the trend remains downward.
The EMAs may continue to decline before the price temporarily moves above them, creating a false impression of a trend reversal.
After that, we could see a drop below $3.8.
The EMAs may continue to decline before the price temporarily moves above them, creating a false impression of a trend reversal.
After that, we could see a drop below $3.8.
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