$Circle(CRCL.US)
I predict that given Japan's expected interest rate hike, this stock will take the opportunity to suppress.
Short-term view is still bearish, but the momentum has weakened. It has already broken the 5-day moving average.
Currently, it is already in an overbought state, and both indicators are not looking good.
The first support level for the pullback is on the moving average band between 79.5 and 82.5.
$65 is the second support level.
Bullish in the medium to long term, but it will definitely be volatile for now. Wait for Japan's interest rate hike, and a slight drop in stocks and cryptocurrencies will be healthier.
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