📉 Current price: $0.43229 (-9.74%)
📊 Trend: Strong decline, losing over 80% from the peak of $2.48
⚠ Important support: $0.42 - $0.41 – If this level is lost, it may drop to $0.30
🚀 Resistance: $0.60 – If support is maintained, it may test this area again
📌 Technical analysis:
🔸 Price is below MA(7) & MA(25) → Downtrend still dominates
🔸 Liquidity is gradually decreasing, no signs of large capital returning yet
🔸 If the trading volume increases when hitting the bottom, a reversal signal may appear
🔥 What strategy is reasonable at this moment?
✅ If the price holds steady at $0.42, it may be worth considering entering a trade with a small amount
❌ If the price breaks $0.41, it is advisable to stay out and observe, to avoid being caught in a position
💬 Are you following AI16Z? Where do you predict the price will go next? Comment to share your opinion! 👇👇