Bullish Scenario (Long)

• If the price holds $0.3661 as support and starts forming green candles with increasing volume, it could look to retest the resistance at $0.4382.

• A breakout above $0.4382 with strong volume could drive the price to $0.50 or higher.

Bearish Scenario (Short)

• If the price breaks $0.3661 forcefully, the next support is at $0.2771.

• If that level is lost, the price could drop to $0.1861 or even lower.

Conclusion

• The initial movement was an aggressive pump, but now the market is in a correction phase.

• If you trade, wait for confirmation at key levels before taking a position.

• A long could be considered if there is a rejection at $0.3661 with volume.

• A short would be valid if it breaks $0.3661 forcefully and with volume.