Hey there! 🔱 As you can see from the latest analysis, the price hit the targeted support level of around 0.060 and then bounced back with some positive fluctuations. Right now, it's trading at around 0.068. So, here's the deal: for a potential uptrend, we'd need the price to break above that important resistance level at 0.072 and stay strong up there. If that happens, there's a good chance the price could go even higher, possibly reaching the supply zone around 0.082 to 0.090.💹
◼But to get a clearer picture of what comes next, let's keep an eye on how the price reacts to the resistance range of 0.070 to 0.072. If it can't break through, we might see some consolidation and correction. In the daily timeframe, it is crucial to maintain the support range of 0.062 to 0.060.💹
🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
🔹Wishing you loads of success in your trading adventures, my friend!✌
❎ (DYOR)...⚠️⚜️
🔶Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
Nota
Hey there! In the daily timeframe, as you can see, the price was rejected from the resistance level of 0.072 and is currently trading around the price range of 0.066. To better understand the future price movement, we need to observe how the price will react to the significant support level of 0.062 / 0.060. As mentioned in the previous analysis, it is highly important to maintain these support levels. If they hold, we might see a positive price response after the price range and fluctuations.
Nota
Hey there!
In the daily timeframe, as you can see, the price is still moving between the price range of 0.060 and 0.072 and remains within a consolidation phase. There is no specific trend, and there may be oscillations between these ranges. From an analytical perspective, the previous report is still valid. Considering the importance of maintaining the key support levels at 0.062 and 0.060, the possibility of positive fluctuations can be considered.💹
The scenario to consider in the daily timeframe is as follows: after a range-bound movement and a breakthrough above the significant resistance level of 0.072, there is a potential for further price growth towards the supply zone at 0.080 in the medium term. In the event of an upward movement, it is important to observe how the price reacts to the resistance level at 0.072 and the supply zone. We may witness a rejection or a price reversal from these resistance levels.💹
Otherwise, if the price penetrates below the support levels, there is a possibility of the intended scenario being invalidated and further price correction. In the case of a correction, for a better understanding of the continuation of the price movement, it is crucial to observe the price's reaction to the support levels and determine whether this correction will extend significantly or not.❗
❎ (DYOR)...⚠️⚜️
🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
🔹Wishing you loads of success in your trading adventures, my friend!✌ And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
Nota
UPDATE 8%🔥 ◾️According to the latest price analysis, it was able to sustain positive fluctuations and achieved an 8% growth. The previous analysis remains valid from a technical standpoint.💹
🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
Nota
A 15% growth from the price range of 0.065🔥✅
As you can see, the price has managed to experience a growth of 15%, reaching the price range of 0.075. The previous analysis remains valid as well. If it stays above the significant resistance level of 0.072, we can consider a target supply area of 0.080. 💹 However, please remember to manage your profits effectively and take appropriate measures to secure them at these price levels.✌
❎ (DYOR)...⚠️⚜️ 🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
Nota
"As you can see, the price really pulled it off, reaching the 0.080 supply zone and showing off with an approximately 23 percent increase
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