Currently testing the downtrend resistance (green line) and showing signs of consolidation near $0.0143. Watching for a breakout or breakdown from this key level.
Key Levels:
Support: $0.014202 (blue), $0.014551 (yellow zone)
Resistance TP1: $0.015794
Resistance TP2: $0.017997
Scenarios:
🟩 Bullish: A confirmed breakout above the downtrend and TP1 zone could lead to a rally toward TP2.
🟨 Neutral: Sideways movement between $0.0145 and $0.0158 suggests accumulation before the next move.
🟥 Bearish: Rejection from the resistance zone and a breakdown below $0.0145 may lead to further downside.
📊 Volume and structure suggest a breakout is likely soon.
🔔 Set alerts around $0.0158 and $0.0145 for breakout confirmation or failure.
Key Levels:
Support: $0.014202 (blue), $0.014551 (yellow zone)
Resistance TP1: $0.015794
Resistance TP2: $0.017997
Scenarios:
🟩 Bullish: A confirmed breakout above the downtrend and TP1 zone could lead to a rally toward TP2.
🟨 Neutral: Sideways movement between $0.0145 and $0.0158 suggests accumulation before the next move.
🟥 Bearish: Rejection from the resistance zone and a breakdown below $0.0145 may lead to further downside.
📊 Volume and structure suggest a breakout is likely soon.
🔔 Set alerts around $0.0158 and $0.0145 for breakout confirmation or failure.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.