Due to a weak trend and a rejection from the all-time high, we’ve seen a strong rejection, suggesting that the price may drop further. If the sell trigger gets activated, it could be a good opportunity to open a sell position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.