$US has lost the 0.03 level. There are two possible scenarios next:
① If the rebound fails to reclaim 0.03 → the level turns into resistance, with the 24h low of 0.01647 as the first downside target.
② If it quickly reclaims 0.03 → this looks more like a false breakdown, and short positions could get squeezed instead.
Personally, I’m paying more attention to how the first rebound plays out.
#US
This is not financial advice. Make your own trading decisions.
① If the rebound fails to reclaim 0.03 → the level turns into resistance, with the 24h low of 0.01647 as the first downside target.
② If it quickly reclaims 0.03 → this looks more like a false breakdown, and short positions could get squeezed instead.
Personally, I’m paying more attention to how the first rebound plays out.
#US
This is not financial advice. Make your own trading decisions.