It remains bullish on the weekly and monthly charts, but the current price action appears weak
We should consider a bearish scenario. I expect the price to fluctuate within or below the orange zone. During this period, staying out of trades could be a wise choice
If the price sweeps the previous low, it’s likely to rebound toward the All-Time High, primarily to liquidate short positions, before dropping sharply again
As for the bullish scenario, a bounce from the orange zone is possible. However, given the rapid downward movement, this outcome seems less likely to play out as anticipated
DYOR
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول.اطلع على الشروط والأحكام.
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