📉 Current price: $0.43229 (-9.74%)
📊 Trend: Strong decline, down more than 80% from the peak of $2.48
⚠ Important support: $0.42 - $0.41 – If this level is lost, it may drop to $0.30
🚀 Resistance: $0.60 – If support holds, it may retest this area
📌 Technical analysis:
🔸 Price is below MA(7) & MA(25) → Downtrend still prevails
🔸 Liquidity is gradually decreasing, no signs of significant capital returning
🔸 If the trading volume increases when hitting the bottom, a reversal signal may appear
🔥 What is a reasonable strategy at this time?
✅ If the price holds above $0.42, consider entering a small position
❌ If the price breaks below $0.41, it is advisable to stay on the sidelines and avoid getting caught
💬 Are you following AI16Z? Where do you predict the price will go next? Comment to share your views! 👇👇
