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REN broke down rising wedge

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BINANCE:RENUSDT   Ren / TetherUS
#RENUSDT
$REN broke down from lower line of rising wedge and now pullback to confirm support as resistance.
after this pullback price can drop more to support zone between 0.5 and 0.618 fib levels of last swing high.
if price break out from descending and ascending resistance this bearish scenario will be invalid.

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