Current Price: The price is consolidating after a significant pump, trading around $0.2150 . Recent data suggests volatility with the price fluctuating around this level.
Key Support/Resistance:
Resistance: The primary resistance level is at $0.2200, which was the recent high. Breaking this level is crucial for a continuation of the uptrend.
Support: The immediate support is found around $0.2082, with a stronger support zone near $0.1900.
Target Profit:
Target 1 : $0.2350
Target 2 : $0.2500
STOP LOSS: A daily close below the $0.1950 support zone would invalidate the current bullish structure and could lead to further downside.
Market Behavior: The market is currently in a consolidation phase following a strong bullish move. Bulls are attempting to defend the current price zone, but a successful breakout above the $0.2200 resistance is needed to confirm a continuation of the upward momentum. The price is showing volatility, so patience is key.
