Overall Market Sentiment: Bearish ๐
$ANKR continues to weaken, breaking through supports and showing persistent downside momentum.
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๐ซ Trading Signal: SELL / SHORT
๐ Reasoning
๐ป Sharp Decline: Price down -3.14%, confirming strong bearish momentum.
๐ Break of Support: Current price $0.01543 is below MA60 ($0.01552) โ a bearish breakdown of short-term structure.
๐ณ Weak Fundamentals: Long-term metrics remain negative (-39.16% in 1Y, -12.08% in 180D), highlighting persistent weakness and lack of catalysts.
๐ Volume Confirmation: Though lighter than its short-term average, current volume still validates the selling pressure.
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๐ฏ Profit Targets (USDT)
1. Target 1: $0.01530 (Immediate psychological support)
2. Target 2: $0.01520 (Next key support level)
๐ก Stop-Loss: Close above $0.01555 (reclaim of MA60).
