GME
Updated
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.
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