Scenario 1: Continued Downtrend:
if the MACD crossover is confirmed (blue line below orange line) and the RSI dips further below 40, it could indicate a continuation of the downtrend.
Potential support levels to watch: $2400 (previous low) and $2000 (psychological level).
if the MACD crossover is confirmed (blue line below orange line) and the RSI dips further below 40, it could indicate a continuation of the downtrend.
Potential support levels to watch: $2400 (previous low) and $2000 (psychological level).