The price is moving inside the descending channel. Currently the asset is re-testing the 3rd time. Taking into account the overall bearish mood of the market, I expect to see another leg down before the price will reversal upwards.
Therefore, we have two good entry points: close to the major support at 2775 sats and after breakout of the descending channel. Target for this purchase is 3500 sats level.
Therefore, we have two good entry points: close to the major support at 2775 sats and after breakout of the descending channel. Target for this purchase is 3500 sats level.
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