$US Price rejected hard from the 0.035+ blow-off top with expanding volume. Current consolidation under the short-term moving averages and repeated failures to reclaim 0.0225+ keep the path of least resistance downward. As long as price stays below 0.02380, the short bias remains valid.
Entry Zone: 0.02120 – 0.02160
Stop Loss: 0.02380
Targets:
TP1: 0.01980
TP2: 0.01820
TP3: 0.01650
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$ARK
$NIL