descending channel + possible reversal trendHello Traders ,
Dent is facing downward trend , we have a great support ( demand zone ) on 0.004500$ 0.004800$ price action is respecting this area
2 scenarios are possible even breakdown to below support after 0.004500$ or breakout above strong resistance 0.005300$ making a new LH
Confirmation is a must at this level to confirm any reversal upward trend,
Overall i am bullish , until now its a bearish mode setup
Don't forget your stop loss!
Good luck!