Price is currently retesting the daily demand zone after getting rejected from the 3h supply at $58. MACD is showing bearish momentum, RSI and EMAs are neutral. If price breaks once again below this demand zone, then i would expect further downward movements from here.
Price is currently retesting the daily demand zone after getting rejected from the 3h supply at $58. MACD is showing bearish momentum, RSI and EMAs are neutral. If price breaks once again below this demand zone, then i would expect further downward movements from here.