Current Price: $0.0652 (up +5.16% in the last 24h).
24h Range: High = $0.0697, Low = $0.0617 → price has been a bit volatile.
Moving Averages (MA):
MA(7) = 0.0647 (short-term above current price, slightly bullish).
MA(25) = 0.0611 (support zone).
MA(99) = 0.0639 (long-term support).
Recent Movement: Price bounced from around $0.0558 (strong support) and peaked at $0.0697 before pulling back.
Volume: Strong buying volume spike recently, meaning many traders entered.
Performance:
Today: -1.21% (slight correction).
7 days: +7.06% (weekly uptrend).
30–180 days: Still in downtrend (20% to 60% loss over longer periods).
My view (not financial advice ⚠️):
Short-term: The trend looks bullish since it crossed MA(25) and is staying above MA(7). If it holds above $0.064, it may try to retest $0.07.
Risk: Overall long-term trend is still bearish (big drops in 90–180 days). Could be just a short recovery pump.
Key levels:
Support: $0.061 – $0.064
Resistance: $0.070 – $0.072
👉 If you’re trading short-term, watch whether it can hold above $0.064. For long-term, it’s still risky unless fundamentals improve.
#usual #Bitcoin❗