Made by iRTradium #C98 12H
Cryptovizor data: TREND 🔴🔴🟢🟢🔴 MA 🔴 RSI 🟡 21.05.2023
Volume 1D 679.04 K CD Week -609.31 K
Price has slipped beneath the prior support level, validating it with a bottom-up retest, and is drawing near to the range's lower bound. Strategically, it appears prudent to contemplate entering a position from that level, setting conservative targets at a 46% increase.
This scenario underscores the volatility and unpredictability of the crypto market, making risk management paramount. Traders should closely monitor the market sentiment and any potential shift in the trend. Staying vigilant is crucial, considering the current volatility and the overall bearish sentiment.
