Getting very close to the yellow trend line here, holders or bulls will want to see this bounce as shown, the 0.618 Fib is just at $6.45 below too, so there is some support here, it's whether or not the bulls want to step in here or not.
Failure to hold both of these support lines, it can come down to $3.08.
Craig
2023-05-23 23:59:17 +0000 UTC