2 different scenarios for dot showed by green and red arrow
Strong resistant at 8.5 dollar (longterm desceniding trendline and resistant level) also divergent on 4h chart shows the weakness of buyers but good support at 7.8 (ema 50 and weekly pivot point)
Strong resistant at 8.5 dollar (longterm desceniding trendline and resistant level) also divergent on 4h chart shows the weakness of buyers but good support at 7.8 (ema 50 and weekly pivot point)