There is potential for an upward movement

The trend is completely bearish, with the price continuing to drop. There is a descending trendline that OP has been moving below, having hit and dropped from it twice. It looks poised to break this trendline and start a new upward trend. The scenario involves breaking this trendline; if it breaks and retests, there is potential for an upward movement.

6/21/20241 min read

OP is in a completely bearish trend, with the price continuing to drop below a descending trendline.
OP is in a completely bearish trend, with the price continuing to drop below a descending trendline.

OP price chart showing a bearish trend with a descending trendline. The price has hit and dropped from this trendline twice, indicating potential for an upward movement if the trendline is broken and retested.