We expect the price to pullback and retest an upsloping trendline. Daily close below this trendline would be an invalidation. Target for longs / entry for shorts: 0,56 $
Good luck
Note
Trendline is being respected. The idea is still valid.
Note
The price closed below the support. Most likely, more downside coming. If the price comes back above the trendline and the current close below the trendline turns into the fakeout, the idea will be still valid. We will monitor the price action.
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