The price is approaching the support level and will test it. If it breaks out, it will most likely fall to $ 6.7500. If it rebounds, it will most likely go to test $ 9.0000. I suggest you wait and see how the price will behave and then make a decision.
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The price has been in a bearish trend for some time. Now it is close to breaking the white line. If this happens, make sure it fixes above that line and then go for purchasing.
If the line is not broken, the price could fall down to the Stop Loss and even further down.
Warning: This is just...