Thoughts on #Arusdt
Hello everyone)
July 5 at #Arweave we went into a downtrend and knocked down the Control minimum, then rebounded and broke the weekly uptrend on August 2 (yellow circle). After the breakout, they fell by 32%.
At the moment we have 2 resistances -
1. 23$
2. 26$
We rebounded from the first and went down, we can also reach the second, but with a low probability.
Now, according to my calculations, the first target of the fall is 11.7$ after the breakout of the trend. From there, you need to look at the price reaction.
Green portfolios to everyone)