$NIO TOP 20
Added 2024-10-14 13:41:35 +0000 UTCOk lower low has been made now which confirms the bearish short term trend.
So I think it is reasonable to expect a test of the next Fib support level at $5.66
But also paying very close attention to the massive confluence level now at the 0.618 Fib, where the 50 and 200 Day MA's are merging towards.
This is where we would like to add once support is found.
