The only thing holding up the price of this stock is a weekly demand zone in the 4.00 to 4.50 range. There are very strong weekly supply zones right above with very strong daily supply zones embedded within them.
Very high probability short trades can be taken when evidence of sellers showing up on a lower timeframe (1H or 4H). Any of these daily supply zones are a possible short trade.
Very high probability short trades can be taken when evidence of sellers showing up on a lower timeframe (1H or 4H). Any of these daily supply zones are a possible short trade.