Bearish outlook confirmed 🩸❌️
We lost the key support area around $4.30 first, and then the 4H key support around the $3.60-$3.80 level.
You probably wondering, should I #buythedip now?
IMO waiting now is the best option.
I will wait till the correction phase exhaust, and when there are the first signs of a reversal, I will consider taking a position.
We might drop further to around $3, so be careful if you are trading it.
