🎉 🎁Analysis of COMMONUSDT. Bounce after the drop!🎁

​We see an interesting moment on the COMMONUSDT chart!

​📈 Current situation:

​Price: $0.012126

​24-hour volume (COMMON): 5.26B

​24-hour volume (USDT): 65.01M

​Max. in 24 hours: 0.013771

​Min. in 24 hours: 0.010463

​📉 What happened:

After a significant drop (we see a sequence of large red candles), it seems that a bounce occurred from the minimum values. The green candle indicates a strong impulse from buyers, which may suggest the formation of a local bottom.

​📊 Technical indicators (according to the chart data):

​The price broke above the moving averages MA(5) and MA(10) (yellow and purple lines).

​The price is still below longer MAs, such as MA(7), MA(25), MA(99), indicating that the overall trend remains bearish despite the short-term bounce.

​💡 Possible scenarios:

​Scenario 1 (Continuation of the bounce): If buyers can maintain the momentum and break the resistance levels formed by the moving averages (for example, MA(7) around 0.012067 and MA(25) around 0.012141), the price may continue to rise to the next significant levels.

#ALPHA🔥 $COMMON