Short-term technical indicators
• Weekly Trend: According to BeInCrypto, the trend is bearish on the weekly frame (MACD below the signal line, RSI below 50, the price moved below the resistance ~$0.02051).
• Support and Resistance Level:
◦ Support: approximately at $0.0205.
◦ Resistance: near $0.0212.
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• Indicators: Technical signals increase the likelihood of continued selling pressure if the price does not cross below $0.0205.