The price is testing a support zone. If it breaks lower, further decline could follow. In case of a rebound, the movement could turn upward toward the next resistance area.
The current trend appears weak, as selling pressure is still present. A stronger bounce with increased buyer momentum would be needed for a potential reversal.
The current trend appears weak, as selling pressure is still present. A stronger bounce with increased buyer momentum would be needed for a potential reversal.
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