It is in a descending parallel channel. If you are looking to buy back in, watch for a break out of this channel. There is support at 11300 and also below it around 10800
I also believe a lot buyed into FOMO and are still holding so it could be a bottom at 11300, but we shall see. Personally my buy order was hit at 11.5K and will be picking up more if it continues down. will update here.
Note: not trading advice, please DYOR, trade at own risk
I also believe a lot buyed into FOMO and are still holding so it could be a bottom at 11300, but we shall see. Personally my buy order was hit at 11.5K and will be picking up more if it continues down. will update here.
Note: not trading advice, please DYOR, trade at own risk