🚨 HIGH/USDT Alert: Testing New Lows – Key Levels to Watch! 🚨
HIGH is experiencing significant downward pressure, testing new lows. Here are the critical levels and insights:
Immediate Resistance:
$3.872 (previous month's VAL)
$4.457 (previous month's support now turned resistance)
Current Support:
$3.474
$3.225
$2.563 (next major support level)
Recent Performance: Price has dropped below the previous month's Value Area Low (pmVAL), indicating bearish momentum.
Indicators:
RSI at 31.24, signaling oversold conditions. Potential for a short-term bounce but remains under bearish pressure.
Action Points:
Watch for a bounce around $3.474 and $3.225.
Monitor if RSI recovery indicates a temporary reversal.
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