The MACD indicates a bullish divergence, suggesting potential upward momentum. The price is currently testing a key support zone between 0.0011 and 0.0016, having bounced twice from the 0.0011 level. This reinforces the strength of the support and signals a possible reversal in the near term
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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.