A lot of reasons for the market maker to bounce off these lows and start eating into the liquidity between $1.25 and $1.35 next.
My long position is bloody, I was prepared for the volatility, hence the wider-than-usual STOP LOSS ($0.935).
My spot orders finally triggered and that I consider a good purchase for Q4. Average buy $1.05.
As far as the HOURLY chart, obviously a DOWNTREND and RSI got oversold during the correction (as low as 27), now we should see buyers stepping in once the US session opens.
This coin should be appealing to institutional money and I just posted about the #ETFs 1 billion $ inflows yesterday.
In a nutshell, we should see a strong surge as soon as
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