🔻 Trend Break Point: A confirmed reversal will occur if the price holds above $0.198.
🔻 Trading Range: Currently trading between $0.08 - $0.13. On 1D timeframe, an ABC bounce pattern is visible, which could indicate a bearish setup. Anything below $0.12 is considered short territory.
🔻 Fundamentals: Sentiment is concerning, with too much hype and many trapped buyers. However, upcoming unlocks won’t start until June 18, 2025, which is a positive aspect.
🔻Downside Risk: Price could drop as low as $0.04 - $0.06.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Price action is crucial in these ranges.
🔻 Trading Range: Currently trading between $0.08 - $0.13. On 1D timeframe, an ABC bounce pattern is visible, which could indicate a bearish setup. Anything below $0.12 is considered short territory.
🔻 Fundamentals: Sentiment is concerning, with too much hype and many trapped buyers. However, upcoming unlocks won’t start until June 18, 2025, which is a positive aspect.
🔻Downside Risk: Price could drop as low as $0.04 - $0.06.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Price action is crucial in these ranges.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.