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$H is testing the baseline for the second time ๐
๐ When the asset hit the upper Keltner Channel band alongside extreme greed, it was a clear signal that the price was overextended. ๐ฅ
๐ After dropping to the lower band and testing it as support ๐, the coin has now retested the grey line twice.
๐ก From a technical analysis standpoint, each subsequent test weakens the zone. If the asset manages to break through and complete a successful retest, it will be a positive signal๐