Trading recommendations:
According to the H1 time - frame, I found that price is trading inside of the downward channel, which is a sign that sellers are in control. I also found a broken intraday support trendline, which is another sign of weakness. My advice is to watch for selling opportunities. The downward targets are set at the price of $3.454 and at the price of $3.253.
Support/Resistance
$3.820 – Intraday resistance
$3.454– Intraday support
$3.454 – Objective target 1
$3.253 – Objective target 2
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