The price has been swinging in a range box for the past 7 days and now the rejection from the upper edge of the box is happening simultaneously with the rejection from the mid-term descending trendline. In addition, there is a hidden divergence in the RSI oscillator while the price did not manage to make a new HH.
Having said that, the price might be seen at around $3.5 again in the next few days.
DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT.
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