The price is approaching the support level $ 11374, it is possible that there will be a rebound to $ 12100 from this support level. If sellers break through this support level, then the price will go lower to strong support at $ 10845, after which there will be an upward rebound with a probability of 80 percent.
Moreover, locally the price is in the oversold zone and this can be considered as a small correction.
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