My analysis: short
ðŊ 1. Take-Profit Target: 0.5225
ð I've observed a strong level of market support with robust price rejections and extended wicks around $0.772, forming a solid BSL on the 4H timeframe. ðð
Furthermore, there's a conspicuous fair value gap on the 4H timeframe, though I have reservations about the price's ability to generate the necessary momentum to bridge it seen the strong momentum of the crypto asset, however I see price retrace there before considering to go further long. ððð
Feel free to see my other trade analysis's.
Cheers,
Kevin - Smart Capital Traders