Bullish Scenario:
If the price can break above the resistance level at $0.0077033, it may target the 0.236 Fibonacci level at $0.009729.
A sustained move above this level could see the price reaching the 0.382 level at $0.018180.
Bearish Scenario:
If the price fails to hold the support at $0.006762, it could see further downside, potentially testing previous lows.
If the price can break above the resistance level at $0.0077033, it may target the 0.236 Fibonacci level at $0.009729.
A sustained move above this level could see the price reaching the 0.382 level at $0.018180.
Bearish Scenario:
If the price fails to hold the support at $0.006762, it could see further downside, potentially testing previous lows.
Note
If the price fails to hold the support level of ~0.0070, it could retest lower levels around 0.0060 or even lower.A breakdown below this level could indicate continued bearish momentum.
Note
Monitor the support level at ~0.0070 closely; failure to hold this level could lead to further downside.
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.
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.