-the price has dropped over -40% -we can also see an ugly wick down to 4 sat -this only tells us that the selling side is strong -if you are looking to enter a buy position -the 23-18 sat is ideal for potential bounce reaction -this range coincides with fib 786 and 200D MA -but always make sure to enter only when there is buying strength -this will help you reduce the risk and increased your bullish bias
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