Key Resistance Levels

Short-term:

$0.059 - $0.061: This area represents recent highs and could act as immediate resistance. A break above this level with strong volume could suggest further upward movement.

$0.063 - $0.069: These levels have been identified as potential supply zones in some analyses.

$0.072 - $0.080: These higher levels represent key level zones that could act as significant resistance if the price continues to climb.

Longer-term:

$0.133 - $0.204: These are potential upside targets mentioned after a breakout above the $0.0535 level in one analysis, indicating longer-term resistance levels.

Key Support Levels

Short-term:

$0.051 - $0.053: This range is mentioned as a key support zone that bulls would want to maintain.

$0.047 - $0.049: The lower end of the recent trading range could act as further short-term support.

$0.041 - $0.043: This area is identified as a potential entry zone in one analysis, suggesting it could act as support.

Longer-term:

$0.0150 - $0.0155: These levels were identified as significant support during a bearish trend in early April 2025.

Technical Indicators

Moving Averages: Short-term moving averages (7-day, 25-day) were above longer-term moving averages in mid-April, indicating bullish momentum at that time. However, current analysis suggests the price is above the 50-day MA but below the 200-day MA on the daily timeframe, indicating a potentially weak trend.

RSI: The Relative Strength Index has been in the neutral zone recently, suggesting neither overbought nor oversold conditions.  

MACD: Bullish crossovers of the MACD line above the signal line have been observed, indicating potential upward momentum at times.