#TokenMovementSignals
As I mentioned in my previous post, we see how the 1-hour chart of the $S token shows a clear bearish trend with the formation of a descending flag that has broken the support at 0.84 with an increase in volume, confirming the selling pressure. The 0.8 area acts as a key resistance, being the launch price of the asset. Although there could be a rebound at 0.8, the strong bearish trend suggests a continuation of the fall. Caution is recommended and watching the volume to confirm the trend.