$PEAQ
There was a reaction yesterday, up +70%, but it was just a Dead Cat Bounce as it has been in a downtrend since February.
The green level marked is the condition for an uptrend. If maintained, it can continue to rise; but if broken, the downtrend will resume.
Currently there is no bottom sign on the higher time frame (HTF) because the structure is still moving downward. Only suitable for scalping.
