Could be a measured moved down 🤔 The only thing I'm almost certain of, is no more sideways action...
Personally Sticking with the More Bullish scenario from my previous posts -But this would make sense- throw off a ton of retail longs and get an even better entry price.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.