Downtrend confirmed: multiple CHoCH (Change of Character) and BOS (Break of Structure) show bearish momentum.



Price is currently reacting below a supply zone (~$0.5503–0.5658).

Strong demand zone is visible around $0.4892–0.5000.

Price recently tapped into that lower demand zone and is showing minor rejection.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin