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if there is one more strong 4h close above 390 then we may see a move towards 405
Major support at .382 FIb broke.
Immediate support and resitances marked.
on the 4h, .382 Fib acting as support.
If it breaks we can see a move downwards.
OBV still looks weak
Not much strong rebound after yesterday's dump compared to other coins.
2.65 acting as local resistance.
Rejected at .618.
If it regains 2.8 as support then might see a move towards 2.85.
Previously seen multiple LTF rejections at .786 Fib, breaking that is very important to see a move towards 2.9-3
Bounced from previous uptrend line.
If it can hold support at .5 Fib then we might look for a move to 2.8
OBV still looks weak.
May move down towards 2.65
Broke the line, retest and continuing upwards.
Got good Reversal at .786 FIb around 5.5
.618 Fib providing support around 7.1
Reached resistance and rejected.
Feedback would help
Bears unable to break 390
390 acting as local support.
Next good support around 360-365