Price recently reached the major 2D supply zone where it is currently getting rejected from. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. I am expecting to see a pullback towards to the 4h demand zone at $8.5 where we would be looking to long from after filling the imbalance at $9.
Price recently reached the major 2D supply zone where it is currently getting rejected from. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. I am expecting to see a pullback towards to the 4h demand zone at $8.5 where we would be looking to long from after filling the imbalance at $9.