Objectively speaking, $S hit a new 24-hour low at 0.05334. The previous low was 0.05352.
Whenever a new low is hit, people on the platform call the bottom, but in a weak market, new lows are often followed by even lower lows. I usually wait for the price to reclaim the previous low before taking another look—I don’t try to call the bottom.
Let’s see together how things develop from here.
Whenever a new low is hit, people on the platform call the bottom, but in a weak market, new lows are often followed by even lower lows. I usually wait for the price to reclaim the previous low before taking another look—I don’t try to call the bottom.
Let’s see together how things develop from here.