According to the price trend since the beginning of this year, the price downtrend may end around the support line at around $8.4, then a rebound back to $12.5 can be expected.
The narrowing band also supports a trend change in the next hours/days.
Let's wait and see.
The narrowing band also supports a trend change in the next hours/days.
Let's wait and see.
Note
It touched the support line and rebounded.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.