If price closes back above 28.7k in the next 3 days, we might see a retest of the latest supply from 29k-29.5k. If price doesn't manage to break below this current low and instead breaks the supply, buys are valid towards 31k. On the other hand, if price breaks below 28k, we can see 27k-27.6k as the next target. Sells would make more sense if price liquidates 31k first and then closes back below 30k. Until further data, this is my view.
