Price has successfully broken the descending trendline, signaling a trend reversal from bearish to bullish. The market is now testing a key supply zone around $0.07450 – $0.07550.
Trend Shift: A bullish breakout from the downtrend line indicates buyers are gaining control.
Support: Previous resistance near $0.07370 may now act as strong support on any pullback.
Resistance: Price is currently at resistance; if broken, next key zones are around $0.07650 and $0.07850.
Bias: Bullish, as long as price holds above the broken trendline and EMA. However, short-term rejection from current resistance is possible before continuation.
Trend Shift: A bullish breakout from the downtrend line indicates buyers are gaining control.
Support: Previous resistance near $0.07370 may now act as strong support on any pullback.
Resistance: Price is currently at resistance; if broken, next key zones are around $0.07650 and $0.07850.
Bias: Bullish, as long as price holds above the broken trendline and EMA. However, short-term rejection from current resistance is possible before continuation.
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.
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.