🔍Current Price: 0.00001112 USDT
Lowest Point in 24 Hours: 0.00001069
Highest Point in 24 Hours: 0.00001133
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📉 General Trend in the Short Term:
The price is still fluctuating in a narrow range after bouncing from the bottom of 0.00001044.
We observe the formation of a small ascending bottom (at 0.00001044), which gives some hope to buyers.
However, it faces resistance at the range of 0.00001133 - 0.00001161, and has not broken it consistently.
🔧 Support and Resistance:
Strong Support: 0.00001056 then 0.00001044 (breaking this means a new decline).
Resistance: 0.00001133 then 0.00001161 (breaking it confirms the start of a real upward movement).
📊 Technical Indicators:
RSI and MACD are not directly visible, but through the candlestick pattern:
There is currently no strong momentum.
The momentum leans neutral with a slight upward tendency.
🔮 Market Outlook and Possible Scenarios:
✅ Potential Upward Scenario:
If the price stabilizes above 0.00001120 and breaks the resistance of 0.00001161, we could see:
Near Targets: 0.00001228 then 0.00001294.
But on the condition of new liquidity entering and an increase in trading volume.
❌ Potential Downward Scenario:
Breaking the support of 0.00001056 then 0.00001044 will lead to a new downward wave towards:
0.00001028 then possibly 0.00000990.
✅ Summary and Recommendation:
The market is currently in a cautious and neutral position.
There is no confirmation of an upward movement until a clear break above 0.00001161.
Any break below 0.00001044 means a strong return to the downside.
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