Bears close their shorts, but the descending mass is too heavy

Updated
Possible break through at 127 down to 110
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Shorting is dangerous at this point.
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1.2k buy-wall at 140
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Asian markets are waking up.
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Asian markets gave slight bump up to 147-148 delaying the development.
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Facing first resistance at 138.
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Resistance is weak, bears taking control.

Considering possible scenario to reach the 0.0008 level.
decredSupport and ResistanceTrend AnalysisTrend Lines

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