Description
⋅ Tezos had a nice run over the past week but is still in a general downtrend and currently reaching a tough resistance area, which coincides with:
- 0.5 FIB level
- 50 EMA
- Low volume compared to the last big run in sep/21. This makes me confident in that we are more likely to see a move down.
Waiting for confirmation on the lower timeframes before entering