โ Support Levels: Minor support: ~$0.001940 Stronger support zone: ~$0.001900
๐ Market Structure & Scenario: The red lines and arrows in your chart show a projected bullish scenario with a short-term dip and higher low forming before a breakout.
๐ Expected Retracement: A pullback to around 0.001940โ0.001920 is expected, where price may build a base or liquidity grab.
๐ผ Bullish Continuation: If that support holds, a strong move upward could follow โ potentially retesting 0.002060โ0.002100 area (previous highs).
โ Invalidation Zone: A close below $0.001900 may break the structure, making the bullish scenario less likely.
๐ง Summary: Structure suggests accumulation, not a confirmed breakout yet. Market might form a W pattern (double bottom) before a launch. Wait for a retest + bullish confirmation candle if youโre entering long.
โ ๏ธ Not Financial Advice โ use proper risk management and always check volume & news for confirmation.
