$NIO TOP 20
Added 2024-06-11 10:24:12 +0000 UTC$NIO traded between a tight range yesterday but managed to lose the 50 Day MA support and did not quite make it down as low as the 0.618 Fib yet at $4.54, this can still be expected to test and I have no concerns with this but going below this level and as always, this shows us weakness.....it is not a catastrophe but the selling pressure is starting to add on and bulls will need to come out swinging and step in heavy if this does happen.
Again, we know there is going to be volatility this week leading up to one of the most important day each month, CPI print, so lean on the side of inaction today, which is what I will be doing.
Only $ETH is on my radar to add right now
Comments
I think so
Beni
2024-06-12 05:52:33 +0000 UTCDo you think that we've lost the 0.618 fib level?
Mohammed Mamoun
2024-06-11 15:37:00 +0000 UTC
