Technical Analysis:
Current Price: Around 0.00011799$
Daily Change: +0.047%
Highest Price of the Day: 0.00011888$
Lowest Price of the Day: 0.0001125$
Technical Indicators:
Relative Strength Index (RSI): Approximately 51.62, indicating a neutral state between buying and selling
Daily Trading Volume: Approximately 25.4 million USD on Binance
Technical Structure: The currency has lost some key support levels, but the daily support still represents the last line of defense
Support and Resistance Levels ⚡
Support Levels: Strong support today 0.000113 – 0.000115$
Resistance Levels:
Immediate Resistance 0.0001188 – 0.0001188$
Medium Resistance 0.000125 – 0.000127$
Strong Resistance 0.000135 – 0.000140$
Forecasts:
If the price stabilizes above the level of 0.00011$, it is expected to rise towards 0.000125$ then 0.00013$
If it fails to hold above 0.00012, it may drop towards 0.000113 then 0.000105
The daily movement may remain volatile, so it is advisable to continuously monitor the price
Recommendations:
Buying Recommendations: Buy at the level of 0.000117$ if the price stabilizes above it.
If the price breaks 0.000125$, additional buying can be considered with the aim of a short-term upward wave.
Sell / Take Profit Recommendations
Take Profits at Resistance Levels: 0.000135 – 0.00019 – 0.00028$
If the price drops below the support at 0.00012$, selling is preferred to avoid loss.
Lastly, do not invest more than you can afford to lose.
Use stop-loss orders at the main support of 0.000113$ to reduce risks.
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