Important Levels
Immediate Support:
$0.5665 (local intraday low). A break below $0.5585 (24h low) could invite more downside.
Resistance Range: $0.57–$0.58 (EMAs) up to $0.60. Getting above $0.60 with strong volume would be a bullish sign and might trigger short-term upside momentum.
Short-Term Outlook
If price can hold above $0.56 and reclaim the 7- or 25-EMA with rising volume, we could see a bounce toward $0.60 or higher.
A failure to maintain support at $0.55–$0.56 might lead to a further drop, especially if overall market sentiment stays weak.