Let's check ETH/USD. We can see that the price found first weekly supply at the price around $3250.00 per ETH.
If we zoom the chart to the lower timeframe we can realise that the price could fall all the way down to the monthly demand zone at $1750.00 if we broke the first support at $2750.00.
If we zoom the chart to the lower timeframe we can realise that the price could fall all the way down to the monthly demand zone at $1750.00 if we broke the first support at $2750.00.
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