Trendline Resistance – A descending trendline is capping price movements. Major Breakdown – The price dropped sharply, testing lower support levels. Half Supply Zone – Acting as a temporary support but remains weak. Full Supply Zone – Stronger support near $2.00, historically significant. Volume Spike – Increased selling pressure confirms the bearish sentiment.
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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.