$PYPL - Can we bounce?

PYPL has dropped 22% from its recent high, wiping out all of its gains since June.

If you are one of those who are saying "I missed the boat," well now is your chance. 😂

The current price level of $59 needs to hold, or else we will see a further breakdown. There are no strong support levels below. We could even see the price check back to the lower trend line somewhere around $52-51.

There is also a gap around $45.

Here are the support levels that I am watching for a potential reversal:

$59.64 (current support)
$51-52
$46
$45 (the worst case)
I will post an updated chart once I see the reversal.

Good luck bulls. We need it. Let's pray that it bounces tomorrow and never looks back.

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