Overall, the market has been declining since December last year, with the bottom range mainly between 0.12 and 0.27. The major player is repeatedly absorbing shares, and in recent days, there have been instances of a second bottom test. The market has broken the previous low and needs to recover; the outlook is bullish.

On the 4H timeframe, the market has stopped declining and is beginning to rebound. In the short term, previous support levels have become resistance levels. We need to wait for the market to stabilize around the support line over the next couple of days, which will slowly kickstart the market recovery. If you have funds, seize the time to top up and await the arrival of the market.

Be ready to ambush.

SCRT

0.1245

-2.65%