After breaking below the previous low at $0.936, price gave us bearish confirmation from this 4h supply zone where it is currently getting rejected from. MACD is showing bearish weakness, RSI and EMAs are neutral. Price may liquidate the equal highs present above this 4h supply zone before moving down again but overall i am expecting price to keep moving down and liquidate this support line.
After breaking below the previous low at $0.936, price gave us bearish confirmation from this 4h supply zone where it is currently getting rejected from. MACD is showing bearish weakness, RSI and EMAs are neutral. Price may liquidate the equal highs present above this 4h supply zone before moving down again but overall i am expecting price to keep moving down and liquidate this support line.