$PARTI 📊 Analysis of the attached chart

🔹 Timeframe: 5 minutes (short-term).

🔹 General trend: Strong decline followed by sideways consolidation.

🔹 Support: 0.3167 (the lowest point the price reached).

🔹 Resistance: Approximately 0.3226.

🔹 Relative Strength Index RSI (6): At 38.9, indicating that the price is not in the oversold area (below 30) but is still weak.

📌 What does this mean?

✅ The price is in a phase of fluctuation after a strong decline, which may be a preparation for a reversal or continuation of the downward trend.

✅ If the price breaks 0.3167, we may see further decline.

✅ If it breaks the resistance at 0.3226, there may be an opportunity to rise towards 0.3303.

✅ The RSI does not give a clear signal for buying or selling, but it is close to the oversold areas, which may indicate a potential rebound soon.

📌 Trading advice:

🔸 If you are considering buying, wait for a stable break above 0.3226 with an increase in trading volume.

🔸 If you are considering selling, watch for a break below 0.3167, as the decline may continue.

🔸 Use other confirmations like trading volume, chart patterns, and larger timeframes to determine the upcoming trend more accurately.

💡 Do you want a more detailed analysis? Let me know if you need Fibonacci levels or any additional indicators!