Observations:

Current Price: $7.46

Down -6.52% in the last 24h

Recent Low: $7.14

MA(7): $7.71 — Price is trading below short-term average (bearish).

MA(25): $8.86 — Also below mid-term average (continuation of downtrend).

MA(99): $10.53 — Long-term sentiment remains bearish.

Volume:

Trading volume is moderate, with no extreme spikes suggesting big whale interest currently.

Price Action:

Price broke through the $7.90 support, now ranging between $7.14 and $7.90.

Recent candles are showing consolidation after a steep drop — this could suggest a cooling-off phase or potential bear flag.

Prediction (Short-Term: 1–3 Days):

If no significant news or market sentiment shift occurs:

Most Likely Range: $7.00 – $7.70

Bearish Scenario: If $7.14 breaks again, it could head to $6.80–$7.00.

Bullish Reversal: If it pushes above $7.90, next resistance is around $8.86 (MA25).