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The main trend is still bearish because the price is below the MA50/MA30 and the downtrend has been ongoing since the peak. However, the MACD indicator shows weakening downward momentum, the price is stable in the support area, and the order book is more dominated by buy orders.
Conclusion: Long-term bearish, but there is potential for a short-term bullish rebound. Always pay attention to risk and capital management. $ESP #WCTCTradingKingPK