Looks pretty nice chart formation with downward channel. Price needs to break above channel for any further rally otherwise the correction will further bring down the price below $100 again.
I personally see the trade on only after breaking the channel with good volume only.
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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.