The bounce just cooled off hourly and 4 hour to give space for further downside.
resistance on the 4 hour will be key for the bulls to look to shift momentum back in their favor.
Scouting for a daily higher low to form and give us a tightening equilibrium range.
Next support down is $6,000 as there is limited previous price level support.
Odds of a weekly will be favored as long as all the tops at $6,800 remain.
Risk to reward does not favor entries down here for those late to the bear party.
Hey D, I am in the same boat ... I’ve been trying to get in but NO success!