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It is possible that the decline extends to the shaded area below, and it is the strongest resistance area for the currency, and it was the first selling area where the market maker and buyers sell, so it will be tested and the price will rise corrective from it only, and then the decline will be completed to make a new bottom
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Elliott WaveelliotwaveanalysisPEPEUSDTTrend AnalysisvolumespreadanalysisVolume

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