$SYS 12h analysis ⚠️SELLLL⚠️
- Looking at the overall chart right now, I expect the price to encounter sellers in the 0.04480 - 0.04520 range and initiate a downward movement. The short-term downside potential is high; I won't rush into a long position, as I want to see the liquidity cleared below first.
- If the price breaks the support at 0.04001 - 0.03858, the decline may continue down to the 0.03786 and 0.03400 levels, where I expect a strong reaction.
- I expect a clear confirmation for a long: Especially if liquidity is swept in the 0.04001 - 0.03858 range and then a bullish candle formation occurs, that would be when a long position could be considered.
- My expectation: A short-term decline, and only after the liquidity is cleared below can the long side be evaluated with a strong reversal signal.
- My bias will only turn bullish if the price makes sustained closes above 0.04520, then 0.04992 and 0...