Bullish or Bearish?
1. Higher Lows & Higher Highs: The price rebounded from 0.00000845 and is making a series of higher highs and higher lows.
2. Recent Green Candles: The last few candles show buying pressure, pushing the price up.
3. Support at 0.00000921: The price held above this level, suggesting a strong base.
4. Resistance at 0.00001010: A limit order is set here, meaning some sellers are looking to take profit.
Conclusion
Short-term: Bullish
Medium-term: Needs to break above 0.00001010 for confirmation.
Key Support: 0.00000921
Key Resistance: 0.00001010 - 0.00001039
If the price breaks above 0.00001010 with volume, it could lead to more upside. However, a rejection at this level may bring a retracement. Keep an eye on volume and candlestick formations at resistance levels.