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Hxlaw
Hxlaw
$UP Possible scenario • Scenario 1 (Continue to decrease): The price continues to drop to the area of 0.1400 - 0.1500 before there is a break. • Scenario 2 (Technical recovery): The price can slightly bounce back to the 0.1800 area to retest (retest) the broken MA line, then continue the downtrend (Dead Cat Bounce model).

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