Between mid-August and early October, LeverFi produced a very nice bullish wave, this wave is followed by a standard correction, in this case a very strong one.
LEVERUSDT crashed down and found support exactly at 0.786 Fib. retracement; the correction has low compared to its force.
This is a classic higher low & fast down = fast up. A new round is now possible with the next target being a higher high based on the higher low.
Strategies, trading style, risk tolerance and opinions can all vary but it is easy to buy and hold.
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