๐ Key Factors Right Now:
โ Current Price: $0.23480
โ Daily Change: -10.76%
โ Key Levels:
๐น Resistance: $0.38080, $0.31670
๐น Support: $0.22063
โโโโโโโโโโโโโโโโโโโโโโ
๐ก Main Signals Influencing the Market:
๐ No rebound after the drop โ the lack of buying pressure increases the chances of further decline.
๐ Empty space ahead โ below $0.2206, there are no strong support zones, meaning a sharp drop could follow.
๐ Closing near a critical level โ price remains at risk, increasing the likelihood of a breakdown.
๐ Breakout from consolidation โ the asset has left its range, signaling the potential formation of a new trend.
โโโโโโโโโโโโโโโโโโโโโโ
๐ Main Scenario: Continued Decline
๐ป If
โ Target 1: $0.2100 โ the nearest technical support.
โ Target 2: $0.1955 โ a zone where a short-term bounce could occur.
โ Target 3: $0.1780 โ a major support level where stronger buyer resistance is expected.
๐ข Short remains the priority as long as price stays below $0.2300.
A breakdown of $0.2206 could trigger liquidations and accelerate the drop.
Be cautious with long positions โ there are no strong reversal signals yet.
โโโโโโโโโโโโโโโโโโโโโโ
๐ข Alternative Scenario: Bullish Reversal
If
โ Target 1: $0.2700 โ a local resistance zone.
โ Target 2: $0.3167 โ a level where a pullback is likely.
โ Target 3: $0.3800 โ a key resistance, breaking which could change the overall trend.
๐ข A long entry is only valid if price holds above $0.2400.
Reversal confirmation requires an increase in volume and stability above $0.2500.
๐ข As long as the price is below $0.2300 โ long positions remain risky.
Conclusion: Critical Moment! Be Ready for a Sharp Move!
๐
๐ Sellers remain in control, but if $0.2300 holds, an unexpected rebound could happen.
๐ Short remains the main scenario, unless price successfully stabilizes above $0.2400.
๐ Get ready for a major move! Watch $0.2206 closely โ this level will determine
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๐ฅSubscribe to our Telegram channel๐ฅ
๐ฅEvery day 1 FREE signal ๐ฅ
๐ tinyurl.com/GoToMoriartyTradeGlobal
๐ฅEvery day 1 FREE signal ๐ฅ
๐ tinyurl.com/GoToMoriartyTradeGlobal
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.