$US has moved above the 0.034 level. From here, there are two scenarios:
① It retests 0.034 and holds → the level turns into support, with the 24h high of 0.0364 as the first upside target.
② It falls back below 0.034 and fails to reclaim it → this looks more like a spike, so it’s best not to stay in too long.
I’m putting more weight on how it holds up during the first retest.
#US
NFA, DYOR.
① It retests 0.034 and holds → the level turns into support, with the 24h high of 0.0364 as the first upside target.
② It falls back below 0.034 and fails to reclaim it → this looks more like a spike, so it’s best not to stay in too long.
I’m putting more weight on how it holds up during the first retest.
#US
NFA, DYOR.