The $11 area has been a major support that held for the past six times. Breaking below that support would be a significant setback for the bulls, and the price could potentially drop further to the $9 area.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.