We previously analyzed this coin and mentioned that in the long term, the price could reach $5. However, at the moment, we see an opportunity for speculation and a short-term bearish structure.
The current uptrend has been broken. Above, we have resistance in the form of a mirror volume zone at $3.1-$3.28. If these levels are tested and a reaction occurs, we will open a short position with the potential to reach the zone mentioned in our previous post (link below).
The current uptrend has been broken. Above, we have resistance in the form of a mirror volume zone at $3.1-$3.28. If these levels are tested and a reaction occurs, we will open a short position with the potential to reach the zone mentioned in our previous post (link below).
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