MBOX/USDT successfully broke its multi-month descending downtrend on June 26, followed by a clean retest with strong volume—a clear indication of buyer dominance.
On July 7, bulls made another decisive move by reclaiming the critical $0.05 resistance, flipping it into new support.
Currently, price has retraced back to the $0.05 zone, presenting a high-probability entry for DCA (dollar-cost averaging). This area previously acted as major resistance and is now serving as a solid support base.
On July 7, bulls made another decisive move by reclaiming the critical $0.05 resistance, flipping it into new support.
Currently, price has retraced back to the $0.05 zone, presenting a high-probability entry for DCA (dollar-cost averaging). This area previously acted as major resistance and is now serving as a solid support base.
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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.