đ¨DOUBLE TWEEZER TOP ON THE WEEKLYđ¨
If we zoom on the daily and weekly, a local top is forming âď¸[W RSI also overbuy]
In my opinion, we will see a 25 - 30% correction to retrest the precedent ATH resistance [mid term] đ
Lower key buy zone:
25 - 27$ Zone
ATH resistance retest (weekly):
16 to 14$ zone! (50% lower)!
-H4 view:
Neutral zone, no strong support below.
Key support to hold: 32.50$ [H4]
-Short term price action:
Possible retest of the uptrend and the 38 - 38.50$ resistance before a big dumpđđ
For the latecomers, I don't recommend you to FOMO in nowđ¨
Again, after a 400% pump first buyers will book their profitsâď¸
Bearish invalidation in case of daily close above 42$âď¸