I am currently anticipating a rebound in the blue area, which represents a previous High Volume Node (HVN). This move should complete Wave F.
Red Rectangle Watch: Please note the volume area marked by the red rectangle. I believe this minor support will not hold the price for long.
Downside Targets: My main targets are the demand zones between $17.40 and $15.60.
Conclusion: There is a high probability of the market making a new low after this corrective structure plays out.
COMPUSDT
Perp
22.93
+8.72%