Bullish Chart Patterns: Analysts identify a textbook bullish flag and falling wedge formation, targeting a break above $0.048–$0.050 which could lead to a move toward $0.11.
Support Zones: Holding critical support in the $0.028–$0.035 range, which has previously served as accumulation and bounce zones.
Liquidity & Market Sentiment: On-chain data shows a liquidity cluster around $0.045—a potential magnet for upward movement. The long/short ratio is currently ~1.06, indicating bullish trader sentiment.