🚨Market Update - 👀
We have seen multiple 4 hour candles hold above the key level we have been watching- $59.1k (Previous Month Low.) However, the most significant candle was yesterday's daily candle which closed just below this level. Until we see a daily reclaim of $59.1k, then I still see chances of a move lower.
Also, we should not ignore the bearish rising wedge forming on the 4 hour chart as the price continues to grind up whilst volume is decreasing.
