As we can see, the price has rejected a solid resistance at 1.11, it's a 4 years resistance and it seems not to break it up soon.
It could fall to TP 1 and bounce up to the resistance trying to break it again, or aggressively fall to TP 2 doing a reset.
High volume at resistance and bearish indicator on RSI are good signals to go short
It could fall to TP 1 and bounce up to the resistance trying to break it again, or aggressively fall to TP 2 doing a reset.
High volume at resistance and bearish indicator on RSI are good signals to go short