Getting very very close to the blue support line that was in place between the middle of 2022 to the middle of 2023 before going on a very aggressive bull run.
A test and hold here at $27 and even some consolidation here then it would be wise to consider a starter position
200 Day MA is all the way up at $60 right now so in terms of technicals, it is undervalued, even a return to the channel at $52 would be close to 100% gain from the support line
First things first: the blue line needs to hold.
TS
2024-10-10 07:20:23 +0000 UTC