3 important support
1) 30k Major support level (The break last week might be to wipe out all stop-loss before it recover)
2) Support by 61.8% Fibo level
3) 200days MA in the weekly chart act as a support around 29300-30k
Above 3 reason just to give some sign of dead cat bounce but overall still downtrend.
1) 30k Major support level (The break last week might be to wipe out all stop-loss before it recover)
2) Support by 61.8% Fibo level
3) 200days MA in the weekly chart act as a support around 29300-30k
Above 3 reason just to give some sign of dead cat bounce but overall still downtrend.