Watch this breakdown play out on the 15minute and more vividly on the 5minute, where you can see support clearly turn into rejection.
Top pink line $4975 is Tone Vayes 1st support, $4445.99 is the next biggest VPVR support I see, and we are so close to that and the downward momentum is like a fireball comet heading towards it.
Next support to test is probably $4200, but 3k seems more likely as a stronger support to bounce off from.
Top pink line $4975 is Tone Vayes 1st support, $4445.99 is the next biggest VPVR support I see, and we are so close to that and the downward momentum is like a fireball comet heading towards it.
Next support to test is probably $4200, but 3k seems more likely as a stronger support to bounce off from.
Comment:
Target range of 3k was hit, now we are seeing a bounce back into the low 4k range.