Market sentiments have gone aggressively bearish again after the recent notion / hint made in the Jackson Hole conference regarding Interest rates & inflation. bearish sentiments brought the token to this price range with aggressive sell off. From here we can expect a pull back towards the mentioned targets. bearish Flag pattern is also evident on the charts so keep strict SL in place.
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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.