It broke down the support and this support became a resistance. Now it has dipped back up and it's about to bounce back down. Stochastics also indicate bearish movements. So right now is a good moment to short the dip.
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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.